Kiwibank has announced it will buy fund manager Gareth Morgan Investments (GMI), including the Gareth Morgan KiwiSaver Scheme. Kiwibank has announced it will buy fund manager Gareth Morgan Investments (GMI), including the Gareth Morgan KiwiSaver Scheme. More details here [ | | | | ]
Category Archives: KiwiSaver Articles
Huljich cops big fine for misleading investors
Former fund manager Peter Huljich, and his company, have been fined hundreds of thousands of dollars after being convicted of misleading KiwiSaver scheme members. Full story here [ | | | | ]
Fees only one part of default fund debate
The fees issue is just one of many around how to get the best out of KiwiSaver default funds, according to Savings Working Group member Paul Mersi. While the current default fund system isn’t up for review until 2014, the Green Party’s election policy of creating a “public option” default fund managed by the Guardians […]
No implicit Govt guarantee with public KiwiSaver
There would be no implicit Government guarantee with a public KiwiSaver fund, the Green Party says. “Our proposal to offer a public KiwiSaver fund to lower costs and fees does not come with any Government guarantee,” Green Party Co-leader Russel Norman said. “If any KiwiSaver provider went broke, the Government may have to respond as […]