Investors deserve clearer insights

The risk with risk indicators It is disappointing that a decade after the global financial crisis, New Zealanders continue to remain vulnerable because of the rules around risk indicators. This is especially the case for bond investors, who are often conservative in nature and consider fixed interest a safe haven in times of volatility. Unfortunately, after a decade of low interest rates, bond […]

BNZ cuts KiwiSaver fees

BNZ has cut the fees it charges across its KiwiSaver funds and is shifting to an passive approach for international assets. Chief customer officer Paul Carter said: “The onus is on financial institutions to do everything we can to remove obstacles, to make things simpler, and give people better tools and advice. That’s why we’re […]

ASB: KiwiSaver bounces back

KiwiSaver fund performance has rebounded in the first few months of 2019, more than recovering last year’s losses after a volatile quarter in the markets saw many member balances dip. In the first three months of 2019, ASB’s growth fund performance was 9.11% after tax and fees, significantly higher than the -8.14% seen in the […]