KiwiSaver members are being told to consider the impact of tax on their investments. Morningstar has released its latest KiwiSaver survey, covering the period to September 30. KiwiSaver schemes with international exposure performed best over the September quarter. Those that made an active decision to allocate capital to growth assets also benefited as equities outperformed […]
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Growing group want advice
Online KiwiSaver advice offerings will never replace personalised advice, says the founder of one that went live this week. SavvyKiwi launched on Monday. It offers a free tool that allows people to see how their KiwiSaver funds are performing against others that are similar. It also offers premium memberships, for $89 for one year, $159 […]
FMA warns KiwiSaver providers to put customers first
More than twice as many KiwiSaver customers switched provider in the past year than in the same period the year before – prompting the FMA to warn that transfers must be done in the best interest of the customer. The FMA has released is KiwiSaver report for the year to June 30. It shows the […]
AMP offers death benefit to KiwiSaver members
AMP has announced it will offer a free accidental death benefit up to $100,000 to existing AMP KiwiSaver scheme members and those who join before the end of 2014. If an eligible members dies as a result of an accident between September 1, 2014 and December 31 next year, AMP will make a lump sum […]