Two of the newer KiwiSaver schemes chalked up larger losses in their latest financial year. But while Sharesies KiwiSaver scheme had about 5,000 members at March 31, it has since reached about 8,000 members and needs about another 5,000 to join to allow it to break even, according to Sharesies co-founder and chief executive Leighton […]
Category Archives: KiwiSaver News
ASB CEO talks compulsion, contribution and PE in KiwiSaver
ASB CEO Vittoria Shortt would like to see change when it comes to KiwiSaver policy and is interested in developing the product. Shortt says she’s very happy with the scheme and the bank's strategic partnership with Blackrock as underlying asset manager has yielded pleasing results which will be evident when it puts out its investing […]
Quotemonster launches KiwiSaver research tool
Quotemonster's owner, Quality Product Research, is teaming up with financial research company Morningstar to start offering advisers information on all the various KiwiSaver products now available. Kiwimonster will offer similar information on the different products in much the same way that Quotemonster provides advisers with information on life insurance and associated products, director Russell Hutchinson […]
How climate friendly are KiwiSaver schemes?
Most KiwiSaver providers have filed their first-ever climate reports which detail the emissions from their investments. Most KiwiSaver have now submitted their KiwiSaver climate reports with the bulk lodged with the Companies Office on July 31. The Financial Markets Authority says it is working its way through and will report its observations on how the […]