Is regulated financial advice of value? In 1989, to keep me out of trouble, my parents sent me to school in Berlin. To their horror, shortly after I arrived, the Berlin Wall fell. One of my more vivid memories is of visiting my first East German supermarket with only one brand of anything on the shelf. One …
Category Archives: KiwiSaver Articles
AMP says switching campaign paying off
KiwiSaver provider AMP says its latest marketing campaign has encouraged more than 100,000 customers in its default fund to make an active choice about their investments. The Is it Me campaign has reached 86% of its goal for AMP customer switches. “By switching our customers into a potentially higher returning fund, we can make their …
NZ Funds KiwiSaver Scheme top rated for service
NZ Funds was the top rated KiwiSaver Scheme in New Zealand for service with a score of 99% as ranked by Sorted. Sorted is a website run by the Commission for Financial Capability and surveys KiwiSaver providers regularly to rank their commitment to service. “NZ Funds believes service will be an important ingredient over the long …
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Kiwi Wealth cuts fee
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 …