Kiwi Wealth is reducing its annual management fee for its conservative KiwiSaver fund from 1% to 0.83%. The move is one of several changes to Kiwi Wealth’s fee structure for its KiwiSaver cash, conservative, balanced and growth funds. The fee reductions will result in estimated cumulative savings of approximately $2.5 million per year for the […]
Category Archives: KiwiSaver Articles
Advisers told: Pick your time, prove your value
Advisers can use new behavioural research to glean tips on how to drive new connections with clients and deepen existing ones, the Financial Markets Authority says. It has released the results of the second phase of its KiwiSaver trial, run in conjunction with the Ministry of Business, Innovation and Employment and ANZ. It focused on […]
Researchers: Keep CGT out of retirement savings
The Tax Working Group’s recommended tweaks to KiwiSaver are proof that any capital gains tax shouldn’t touch shares, retirement policy researchers say. The group released its final report last week, recommending a broad capital gains tax across all investment assets, including shares and business IP. It would mean fund managers would have to apply a […]
Concerns KiwiSaver bill could be stopped
There are concerns that a bill that would make it easier for foster children to access KiwiSaver may be stopped in its tracks. The private member’s bill was introduced by National P Hamish Walker and would allow any foster parent to approach a KiwiSaver provider to open an account for a foster child in their […]