A trial has begun that will investigate the effectiveness of behavioral interventions to help KiwiSaver members make better financial decisions. The six-month project is an initiative from Kiwi Wealth, the Financial Markets Authority (FMA), the Commission for Financial Capability, and the Ministry for Business Innovation and Employment (MBIE). It will test how changes to the […]
Category Archives: KiwiSaver Articles
Banks too dominant in KiwiSaver: Survey
New Zealand’s investment management industry is worried about the influence and domination of the big banks on KiwiSaver, a new survey has shown. BNP Paribas Securities Services has released the result of research undertaken with local superannuation funds, KiwiSaver providers, asset managers and financial adviser groups. New Zealand head Doug Cameron said the retirement savings […]
Stubbs launches not-for-profit KiwiSaver scheme
A new, low-fee KiwiSaver scheme being launched today will be a good fit for financial advisers who work on a fee basis, its managing director says. Former Tower Investments boss Sam Stubbs is launching Simplicity, a not-for-profit scheme run in the style of health insurer Southern Cross. It will be run by a charity and […]
Defensive funds regain ground
KiwiSaver funds with allocations to defensive assets are starting to shine again, new data shows. For a number of years now, aggressive and growth funds with heavy allocations to equities have been the star performers. But the latest Morningstar survey, for the June quarter, showed more conservative options gaining ground amid international jitters. Most KiwiSaver […]