Morningstar has given bronze ratings to Mercer’s KiwiSaver schemes. Bronze, silver or gold ratings are used to indicate Morningstar’s level of conviction in its recommendation of funds. The research house said the insights of a global team of investment professionals and extensive diversification at the asset and fund level were characteristics that make Mercer KiwiSaver […]
Category Archives: KiwiSaver Articles
Stick with KiwiSaver past 65, AMP urges
Many New Zealanders have the mistaken belief that once they get to 65, they have to pull their money out of KiwiSaver, AMP New Zealand’s general manager of investments and insurance, Therese Singleton, says. She said leaving money in KiwiSaver through a retiree’s decumulation phase offered more freedom and potentially better returns than term deposits. […]
ANZ calls for action on women’s savings
ANZ is calling on other employers to do their bit to help women achieve better outcomes through KiwiSaver. The bank announced yesterday that it would continue to pay employer contributions to its employees’ KiwiSaver accounts while they are off work on parental leave. ANZ general manager of human resources Felicity Evans said the move was […]
Silver ratings for AMP KiwiSaver
Morningstar has given silver ratings to a range of AMP KiwiSaver funds. It awarded the rating to its aggressive, growth, moderate balanced, moderate, conservative and balanced funds. It is the second year AMP KiwiSaver funds have received silver ratings. Bronze, silver and gold ratings indicate the level of conviction Morningstar has in recommending a fund. […]