Monthly Archives: November 2011

The fees issue is just one of many around how to get the best out of KiwiSaver default funds, according to Savings Working Group member Paul Mersi. While the current default fund system isn’t up for review until 2014, the Green Party’s election policy of creating a “public option” default fund managed by the Guardians […]

There would be no implicit Government guarantee with a public KiwiSaver fund, the Green Party says. “Our proposal to offer a public KiwiSaver fund to lower costs and fees does not come with any Government guarantee,” Green Party Co-leader Russel Norman said. “If any KiwiSaver provider went broke, the Government may have to respond as […]

Fears that KiwiSaver could swamp New Zealand’s small stock market are a long way from being realised, according to new research on the sector. Morningstar’s Sector Wrap, which shows Australian-invested funds didn’t have a great year, also shows that, while it is growing fast, KiwiSaver is far from being big enough to cause pricing distortions […]