Returns to 31 December 2010 Default Options 3-month (%) 6-month (%) 1-year (%) 2-year (%pa) 3-year (%pa) AMP Default Fund 1.86 4.17 4.63 5.55 3.97 ASB Scheme’s Cnsrv (Default) 0.54 3.93 5.69 6.04 4.72 AXA Income Plus (Default) 1.00 4.40 6.22 8.46 4.44 Mercer Conservative (Default) 0.62 2.69 6.34 10.10 5.34 OnePath Conservative (Default) […]
Category Archives: KiwiSaver News
Mike Pero gives Huljich the heave-ho
Mike Pero Mortgages has ended its KiwiSaver distribution deal with Huljich Wealth Management, though the company has been tight lipped on the reasons for the move. “All I can say is there are commercial reasons for us not distributing that product and that’s as far as I’d like to go on that,” said Shaun Riley, […]
Fisher nets FNZC KiwiSaver Fund
First NZ Capital Investment Management (FNZC) has decided to exit the KiwiSaver market and transfer its business to Fisher Funds. After securing approval from the government actuary FNZC is to transfer all scheme members into the Fisher Funds KiwiSaver Growth Fund. “Fisher Funds offers what we consider to be a well resourced and experienced investment […]
‘Bumpy’ ride for KiwiSavers may not be over
The September quarter saw KiwiSaver funds rebound, with all types of funds producing positive returns as fears of a double-dip recession eased, according to the latest Mercer KiwiSaver survey. KiwiSaver returns received a boost as global share markets, which took a battering in the June quarter, bounced back. KiwiSaver growth funds – which have the […]