KiwiSaver investors are more likely to use family and friends than financial advisers as their main source of advice, a new study has found. The research, written by Dr Claire Matthews of Massey University, also found male KiwiSaver members appear to be more tolerant of risk than female investors in the scheme. The results are […]
Category Archives: KiwiSaver News
[Breaking News] Kiwibank to buy Gareth Morgan Investments
Kiwibank has announced it will buy fund manager Gareth Morgan Investments (GMI), including the Gareth Morgan KiwiSaver Scheme. Kiwibank has announced it will buy fund manager Gareth Morgan Investments (GMI), including the Gareth Morgan KiwiSaver Scheme. More details here [ | | | | ]
Huljich cops big fine for misleading investors
Former fund manager Peter Huljich, and his company, have been fined hundreds of thousands of dollars after being convicted of misleading KiwiSaver scheme members. Full story here [ | | | | ]
Fees only one part of default fund debate
The fees issue is just one of many around how to get the best out of KiwiSaver default funds, according to Savings Working Group member Paul Mersi. While the current default fund system isn’t up for review until 2014, the Green Party’s election policy of creating a “public option” default fund managed by the Guardians […]