Industry told: Make Kiwis care

Advisers need to get New Zealanders off “autopilot” when it comes to retirement savings, one commentator says. KPMG has released its second Funds Management Industry Update, which covers the strengths and weaknesses of the country’s funds management industry. John Kensington, KPMG’s Head of Financial Services, said the industry needed to adapt to the way customers […]

Conservative funds take lead

More conservative KiwiSaver schemes are starting to get their chance to shine. After a number of years where growth and aggressive schemes were the outperformers, a period of sharemarket volatility has seen the balance tip back in favour of those invested in less risky assets. Morningstar has released its survey for the quarter ended March […]