ANZ is calling on other employers to do their bit to help women achieve better outcomes through KiwiSaver. The bank announced yesterday that it would continue to pay employer contributions to its employees’ KiwiSaver accounts while they are off work on parental leave. ANZ general manager of human resources Felicity Evans said the move was […]
Category Archives: KiwiSaver News
Silver ratings for AMP KiwiSaver
Morningstar has given silver ratings to a range of AMP KiwiSaver funds. It awarded the rating to its aggressive, growth, moderate balanced, moderate, conservative and balanced funds. It is the second year AMP KiwiSaver funds have received silver ratings. Bronze, silver and gold ratings indicate the level of conviction Morningstar has in recommending a fund. […]
KiwiSaver members told: Don’t get spooked
Advisers whose clients are worried about the possibility of a market correction should encourage them to stick with the KiwiSaver fund they are in, new research shows. Actuarial firm MJW has released a report looking at the impact of a market correction on KiwiSaver funds. It says booming stock markets over recent years have sparked […]
Falling dollar drives returns
New Zealand’s falling dollar made the biggest difference to KiwiSaver members’ account balances over the most recent quarter, research firm Morningstar says. It has released its latest KiwiSaver survey, to June 30. Over that period, the New Zealand dollar fell in value by just over 8% against the US, 12% against the Euro, 9% against […]