Category Archives: KiwiSaver Articles

One fund manger is calling for tax breaks to boost New Zealand’s savings rate. Milford Asset Management chief executive Troy Swann said savings was a politically sensitive issue. He said New Zealand’s household savings rate had been negative for the past several years, compared to a rate of 4.6% in Australia. “As a matter of […]

Small reductions to KiwiSaver fund managers’ fees are nothing to be celebrated, an adviser says. A review of KiwiSaver default providers’ fees was met with little action from the industry. Only two of nine providers moved their fee in response – ANZ and Kiwi Wealth. ANZ dropped its fee by just two basis points and […]

KiwiSaver investors still lack the knowledge required to make good choices about the investments, ASB’s latest KiwiSaver survey shows. ASB senior wealth economist Chris Tennent-Brown said the latest KiwiSaver survey, for the February quarter, showed most were still extremely conservative in their investment preferences, which would could harm their long-term outcomes. “It’s surprising that a […]

Share market volatility this week caused little concern for KiwiSaver members – and that could be down to financial advisers doing their job. Booster chief investment officer David Beattie said his organisation had received just one call after US markets dropped at the beginning of the week. He said that could be because the Booster […]