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KiwiSaver

Your online guide to KiwiSaver, the Government superannuation scheme

Category Archives: KiwiSaver Articles

Huljich cops big fine for misleading investors

Former fund manager Peter Huljich, and his company, have been fined hundreds of thousands of dollars after being convicted of misleading KiwiSaver scheme members. Full story here [ | | | | ]

Posted byadminDecember 20, 2011Posted inKiwiSaver Articles, KiwiSaver News

Fees only one part of default fund debate

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 […]

Posted byadminNovember 15, 2011Posted inKiwiSaver Articles, KiwiSaver News

No implicit Govt guarantee with public KiwiSaver

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 […]

Posted byadminNovember 8, 2011Posted inKiwiSaver Articles, KiwiSaver News

KiwiSaver not too big for sharemarket (yet)

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 […]

Posted byadminNovember 4, 2011Posted inKiwiSaver Articles, KiwiSaver News

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