KiwiSaver members who are engaged with their retirement savings are better placed to take action throughout their lives to reach their goals, ANZ’s general manager of wealth products and marketing, Ana-Marie Lockyer, says. The bank released a survey yesterday showing that half of KiwiSaver members had not checked that their savings were on track to […]
Category Archives: KiwiSaver Articles
KiwiSaver members told: Don’t forget tax
KiwiSaver members are being told to consider the impact of tax on their investments. Morningstar has released its latest KiwiSaver survey, covering the period to September 30. KiwiSaver schemes with international exposure performed best over the September quarter. Those that made an active decision to allocate capital to growth assets also benefited as equities outperformed […]
Growing group want advice
Online KiwiSaver advice offerings will never replace personalised advice, says the founder of one that went live this week. SavvyKiwi launched on Monday. It offers a free tool that allows people to see how their KiwiSaver funds are performing against others that are similar. It also offers premium memberships, for $89 for one year, $159 […]
FMA warns KiwiSaver providers to put customers first
More than twice as many KiwiSaver customers switched provider in the past year than in the same period the year before – prompting the FMA to warn that transfers must be done in the best interest of the customer. The FMA has released is KiwiSaver report for the year to June 30. It shows the […]