A new tool will give advisers more information to help them make KiwiSaver decisions with their clients. Quotemonster launched Kiwimonster Research in a beta phase in late December. It includes additional metrics on top of its previous free Kiwimonster comparison tool, including ranking funds on a five-year performance basis within their fund class, information on […]
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Super alone won’t cut it in retirement
New expenditure guidelines show how much New Zealanders need in their KiwiSaver to retire comfortably. Kiwis who want the odd luxury in retirement need between $273,000 and $1.033 million on top of superannuation, according to the latest Retirement Expenditure Guidelines. For a more modest 'no frills' retirement, they would need between $118,000 and $181,000. Financial […]
Consilium reports increased demand for KiwiWRAP
Consilium says it has seen a surge in advisers using its KiwiWRAP KiwiSaver scheme along with an increasing interest in personalised KiwiSaver advice from high-balance investors. The KiwiWRAP scheme, available to advisers only, now has more than $200 million in funds under management. "KiwiWRAP continues to attract investors with higher balances who are seeking tailored advice […]
Lots of $2 billion milestones
Three companies have celebrated $2 billion milestones recently. Tauranga-based First Mortgage Trust recently cracked the $2 billion funds under management. FMT’s strongest growth has come from existing investors and borrowers sharing their positive experiences. “Most of our new investors come to us through word of mouth, from a friend, a family member, or someone they […]