KiwiSaver assets increased, owing significantly to market movements, to end the March quarter at $108.6 billion, up $4 billion from the end of last year. The overall tone for the quarter was cautious optimism, while inflation was a concern, global growth prospects improved, and global equity markets delivered strong returns, particularly for unhedged holdings due […]
Category Archives: KiwiSaver News
Nikko relaunches its KiwiSaver proposition
Nikko has relaunched its GoalsGetter KiwiSaver proposition adding other managers’ funds and making improvements for advisers. Nikko’s GoalsGetter KiwiSaver Scheme now has a diversified mix of 18 high-calibre funds. It says these funds have been hand-picked by Nikko AM NZ’s experienced team from a range of leading fund managers and include funds from Milford, Harbour, […]
Best and worst KiwiSavers according to Consumer
Kiwi-owned providers have come out on top of Consumer’s annual KiwiSaver satisfaction survey. Simplicity has the most satisfied customers, while Australian-owned provider AMP the least, the survey has revealed. Simplicity, Generate and Milford had the most satisfied customers. Consumer CEO Jon Duffy, said each of these NZ-owned firms not only achieved Consumers people’s choice status […]
Bayly will talk to coalition partners before any change to KiwiSaver
Minister of Commerce and Consumer Affairs Andrew Bayly says he wants to focus on capital markets and KiwiSaver providers have a part to play. “The thing about KiwiSaver and capital markets in general is how do we get more capital coming into businesses, how do we make sure financing around debt is appropriate?” He wants […]