KiwiSaver providers want more clarity on how total remuneration packages will be treated with any move towards compulsion. National said on Sunday that, if re-elected, it would make KiwiSaver contributions compulsory from 2028, and move to a 12% contribution by 2032. Koura founder Rupert Carlyon said that would be a significant increased burden on people […]
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Annual reviews ‘not serving clients’
KiwiSaver advisers who are reviewing their clients’ investments on an annual basis probably aren’t serving them as well as they could, the founder of an AI business says. Clive Fernandes is director of Sevaka, which provides AI support for financial advisers. He also established advice firm National Capital. He said annual reviews had never been […]
National plays KiwiSaver card
National is proposing a range of changes to KiwiSaver if it returns to power, including making the scheme compulsory. Leader Christopher Luxon said on Sunday that the party was proposing to enrol every child born in New Zealand into KiwiSaver from birth, as of July next year, with a $1,500 kickstart. Everyone would be required […]
New fund tool to compare KiwiSaver returns, connect advisers
A new fund finder tool is designed to offer a more user-friendly way for people to compare their KiwiSaver options. Hugo Kidd is developing Find My Fund to offer a comparison of fund performance after fees. He said the idea came about when he was studying his Level 5 qualification investment strand. “I kind of […]