Advisers are being offered new tools to help them analyse KiwiSaver funds’ risk. KnowRisk.biz has been launched by Peter Urbani and offers risk analysis of the retirement savings scheme. Membership of the website is free but risk tools cost $50 per download. Urbani said sites such as Sorted provided adequate information for retail clients. But […]
Category Archives: KiwiSaver Articles
Advisers’ concern at bank bundling
Advisers are worried about banks moving in on their turf with home loan offers that require customers to have multiple products with the lender. One adviser, who did not want to be named, said he lost the KiwiSaver account of a long-standing client when he was offered $1500 towards his mortgage if he brought a […]
KiwiSaver start-ups face pressure
[UPDATED, ADDS GENERATE COMMENT] A financial adviser who used to manage a small KiwiSaver scheme says the pressure will be on Pie Funds if it launches into the market. Pie Funds is believed to be planning to open a KiwiSaver scheme next year. Pie’s funder and chief executive Mike Taylor was not available to confirm […]
KiwiSaver members expect insurance: Mercer
KiwiSaver members expect their providers to offer them insurance, Mercer’s New Zealand managing director says. Mercer has launched two new products that have additional benefits for people who are also members of the firm’s KiwiSaver scheme. LifeProtect pays out in cases of death and terminal illness. BillProtect insures against inability to work due to redundancy, […]