Huljich Wealth Management has re-launched two of its non-KiwiSaver funds which were closed down in January and transferred to equivalent funds. A new prospectus for the Huljich Balanced Fund and the Huljich Australasian Fund was lodged with the Companies Office on March 31 and became public last week. Both the funds were initially launched in […]
Category Archives: KiwiSaver Articles
Milford to launch own KiwiSaver fund
Milford Asset Management will go it alone as a KiwiSaver provider, with its new scheme due to launch on April 1. Milford, which to date has marketed a KiwiSaver product via the Aonsaver platform, will offer members two investment options in the revamped scheme – its Aggressive Fund and a new balanced fund. Currently, Milford […]
Securities Commission takes a swipe at Huljich in KiwiSaver guidelines
The Securities Commission has taken a veiled swipe at Huljich Wealth Management in its guidelines for distribution and disclosure released yesterday. The market regulator wagged its finger over the signing up of KiwiSaver members through door-to-door sales, something that got Huljich in trouble last year, and also stressed the need for disclosure statements to indicate […]
KiwiSaver provider wants better disclosure
Default KiwiSaver provider Mercer is says there needs to be an improvement in disclosure requirements with KiwiSaver. Head of Mercer New Zealand Martin Lewington says the requirement thresholds default schemes have should be across the industry. He believes what happened with Huljich Wealth Management and its KiwiSaver funds was inevitable and that it has bought […]