KiwiSaver risk reward just 2.1%

KiwiSaver members in conservative funds have received returns just 2.1% per year less than those who took on extra risk in a growth fund over the past eight years. That is the finding of Melville Jessup Weaver’s (MJW) latest investment survey, which showed the median annualised return from growth funds was 8.2%, compared to 6.1% […]

Banks tackle KiwiSaver advice question

Banks are hoping more guidance from the Financial Markets Authority will make it easier for them to advise their clients on switching between KiwiSaver funds and providers. In the FMA’s KiwiSaver report this month, it said there had been feedback from some providers that its KiwiSaver sales and advice guidance was getting in the way […]

KiwiSaver furore gave advice boost

Media headlines about KiwiSaver funds’ exposure to ammunition investments have provided a boost to some financial advisers. In August, there was a public outcry when it was revealed that a number of funds had underlying investments in companies that made armaments. While that prompted a spark of interest in the details of KiwiSaver investments, some […]