FMA is assessing a complaint about Milford Asset Management’s marketing activities. Fisher Funds boss Carmel Fisher says she is disgusted at Milford’s tactic of “ambush marketing” – using the Fisher brand name in a Google AdWords marketing campaign. Milford is believed to have paid to have had the Fisher Funds brand name as one of […]
Category Archives: KiwiSaver Articles
KiwiSaver gender gap widens
Women need to be encouraged to think about their retirement savings plans, and regularly check they are on track, ANZ’s general manager of wealth products says. Ana-Marie Lockyer said there were big challenges for women planning their retirements. “Women are coming from behind in saving for their retirement,” Lockyer said. “On average, women live longer […]
More KiwiSaver information needed: Boyle
Questions are being asked about whether KiwiSaver members are switching providers without understanding the consequences. In the last two months of 2014, more than 30,000 KiwiSaver members changed provider. On an annual basis, that increased from 126,000 in 2013 to 149,407 in 2014. Commission for Financial Capability group manager investor education David Boyle said he […]
Islamic fund’s adviser push
The managers of New Zealand’s first Islamic KiwiSaver fund are keen to talk to advisers who would like another option to offer their clients. The Amanah KiwiSaver Plan has been registered for business since mid-last year but barrister Brian Henry, who operates the fund, said it had been collecting members on the basis of word-of-mouth […]