Your online guide to KiwiSaver, the Government superannuation scheme
KiwiSaver investors with strong stomachs and funds in high growth, higher risk assets did best as the global market recovery over the past six months, according to a Morningstar Australasia survey. A substantial investment market rally has seen the NZ sharemarket up 22%, Australia up 35% and the aggregate global sharemarket up almost 12% since …
Continue reading “KiwiSaver rally strongest in riskier, long term plays”
KiwiSaver investors with strong stomachs and funds in high growth, higher risk assets did best as the global market recovery over the past six months, according to a Morningstar Australasia survey. A substantial investment market rally has seen the NZ sharemarket up 22%, Australia up 35% and the aggregate global sharemarket up almost 12% since …
Continue reading “KiwiSaver rally strongest in riskier, long term plays”
KiwiSaver Performance Survey – Returns to 30 September 2009 KiwiSaver Performance Survey – Returns to 30 September 2009 Default Options Underlying Manager 3-month (%) 6-month (%) 1-year (%) AMP KiwiSaver (Default) Fund AMP 2.52263 4.44335 2.92895 ASB KiwiSaver Conservative Fund (Default) ASB 3.80984 6.36083 6.05995 AXA KiwiSaver Income Plus …
Continue reading “KiwiSaver Performance Survey – Returns to 30 September 2009”
KiwiSaver providers just over $36.6 million in fees and expenses over the 12 months to March 31 this year, according to the latest report from the Government Actuary (GA). The KiwiSaver report, tabled in Parliament on Wednesday, revealed the GA had also rejected an argument that smaller schemes could raise fees “if low membership meant …