SuperRatings has released its top rated KiwiSaver schemes for 2019, and an analysis of the schemes that provide the highest value on a net benefit basis. Eight providers were awarded the platinum rating for 2019. ASB, Fisher Funds. Kiwi Wealth, Mercer, Milford, the NZ Defence Force KiwiSaver scheme, OneAnswer and Westpac received the rating. SuperRatings’ […]
Category Archives: KiwiSaver News
Advisers face challenging decade
As the end of the decade draws closer, independent advisers face a dual threat: further regulation and lower returns. While considerable debate surrounds the introduction of the new rules for financial advisers, returns may prove the bigger threat to incomes. How advisers and managers navigate these dual threats will likely determine who the industry’s winners […]
Quiz failures show advisers could do more
The Financial Markets Authority says the results of a recent KiwiSaver risk quiz show financial advisers have a role to play in the sector. More than 11,000 people took the KiwiSaver quiz which was created as the FMA’s contribution to the Sorted Money Week. The quiz will remain on the FMA’s website as part of […]
AFA concerns on back-burner for now
Financial advisers who raised concerns about KiwiSaver have been told a review of default provider arrangements will consider those issues – but not until next year. A group of AFAs, headed by John Cliffe, wrote to Commerce Minister Kris Faafoi, Finance Minister Grant Robertson, Reserve Bank Governor Adrian Orr and FMA chief executive Rob Everett. […]