New product disclosure statements that were meant to be easier to understand still contain a large number of specialist financial terms, researchers say. Research by associate professor Aaron Gilbert and Ayesha Scott at AUT Business School Department of Finance has shown, on average, KiwiSaver PDS documents delivered under the new Financial Markets Conduct Act framework […]
Category Archives: KiwiSaver News
Strategi launches KiwiSaver course
Strategi has launched an NZQA-accredited course for people who want to offer advice on KiwiSaver. “KiwiSaver is the backbone to many peoples’ retirement and it is essential they have access to quality advice and can make informed decisions about their future finances”, said David Greenslade, managing director of the Strategi Institute. “Advising on KiwiSaver is […]
KiwiSaver knowledge too low: Survey
Fewer than one in four New Zealanders are confident in their knowledge of KiwiSaver, a sign that the industry could do better, one bank economist says. ASB has released its latest KiwiSaver survey, which showed it was the second most common investment for New Zealanders, behind bank accounts. But only 24% of respondents felt they […]
Kiwi Wealth mints responsible KiwiSaver solution
Kiwi Wealth has developed its own index fund, which it says will allow its KiwiSaver scheme to have more flexibility to generate better returns, improve tax efficiency and address responsible investment concerns. All of the Kiwi Wealth KiwiSaver Scheme’s funds are now using a new fund designed, built and directed by the in-house investment management […]