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Government’s contribution to KiwiSaver balances has been “substantial”, a new Treasury report says. There is now more than $27 billion invested via the retirement savings scheme and it has more than 2.5 million members. But the report by Treasury analysts says it is hard to identify the amount of new saving created by the scheme, […]

Craigs Investment Partners is reporting solid growth in its KiwiSaver scheme that allows investors to select their own investments. KiwiSTART Select is a platform that offers a range of 250 nominated securities from which clients can construct their own KiwiSaver portfolios. Nominated securities include QuayStreet Unit Trusts and a range of investments in equities, investment […]

Financial advisers are not significantly influencing the rate at which new KiwiSaver members are enrolling in the scheme, a new Treasury report says. The report by Treasury analysts was released this month. It says four out of five new enrolees join the scheme via banks and the impact of financial advisers on KiwiSaver is limited. […]

BNZ is launching a new KiwiSaver First-Home Buyer Fund. This new fund, open to customers from Thursday, extends BNZ’s KiwiSaver Scheme fund choices from five to six. It is designed for people saving for their first home using BNZ KiwiSaver and who intend to withdraw their savings for their deposit. BNZ head of wealth Donna […]