Your online guide to KiwiSaver, the Government superannuation scheme
Finance Minister Bill English will discuss the portability of superannuation with his Australian counterpart Wayne Swan at their annual meeting on July 16, and the country could stand to gain a “considerable amount” of some $16.6 billion that’s held in “lost accounts” by Australian super schemes. While the details are yet to be discussed, …
Continue reading “Finance ministers to look at super portability, $16.6b in ‘lost accounts’”
KiwiSaver – and workplace savings as a whole – are at a cross roads. A big challenge for industry and policy makers is how best to encourage employers to remain engaged in assisting their employees with their savings. That’s according to the Association of Superannuation Funds of New Zealand (ASFONZ) which promotes workplace savings. 1 …
KiwiSaver – 31 May 2009 Sector Top performer in its sector Fund Return over 3 mth Sector Avg over 3 mth Sector Avg over 1 yr Diversified Defensive ASB Firstchoice Active Conservative 4.30% 2.36% 1.80% Diversified Balanced SmartKiwi Balanced 9.23% 4.86% -7.36% Diversified Growth Fisher Funds Growth 20.92% 8.46% -14.43% Note: …
Continue reading “FundSource shows retail managed funds performance to 31 May 2009”
Fisher Funds is bucking the trend towards consolidation among KiwiSaver providers by launching a new Conservative Fund as part of its KiwiSaver Scheme. The Conservative Fund will be offered to current and prospective Fisher Funds clients in addition to the Fisher Funds KiwiSaver Growth Fund – a fund investing solely in growth assets. Fisher Funds …