Government is exploring its options to allow people with life-shortening conditions to access their KiwiSaver money earlier. Two independent advisers, Claire Matthews from Massey University, and the IHC's Donna Mitchell, will help Commerce and Consumer Affairs Minister Kris Faafoi find the best solution. Faafoi met with Down syndrome man Tim Fairhall earlier this year, who […]
Category Archives: KiwiSaver Articles
KiwiSaver tracker an own goal?
If the Financial Markets Authority's KiwiSaver Tracker was designed to make investors wary of higher-fee funds, it is not achieving its goal, one fund manager says. The FMA has updated its KiwiSaver tracker, which shows fees as a percentage of funds' five-year average return. Aggressive funds ranged from Mercer High Growth's 7.9% of return paid […]
Knowledge still lacking on KiwiSaver
New Zealanders still have a lot of unanswered questions about KiwiSaver, a new survey shows. The latest ASB KiwiSaver survey shows that 63% of respondents said they needed to save more for retirement and 18% were unsure. But many did not know what was an appropriate amount to be aiming for. A full 17% of […]
Retirement decisions based on science not spin
KiwiSaver is rapidly proving as much of a bonanza for the marketing industry as it is for the wealth management industry Some providers are spending seven figures annually to promote their various investment propositions. And as one would expect, if you let the ad executives loose, the key messages are, well… “loose”. In addition to surveying clients to […]