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 …
Category Archives: KiwiSaver Articles
Give Total Rem the flick if KiwiSaver compulsory
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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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 …
Adviser complains about KiwiSaver campaign
[UPDATED – ASB response] A financial adviser worried about ASB’s marketing campaign for its KiwiSaver schemes has taken his complaint to the Financial Markets Authority. Gareth Dobson, founder and senior financial adviser at Finsol Financial Advisers, said he was concerned that the bank was advertising that its conservative and moderate funds were “number one” in …
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