ASB is closing down its KiwiSaver scheme set up for advisers and is currently considering its future options for the product. It says that, as part of a review of its KiwiSaver schemes, it will no longer be accepting applications to join the FirstChoice KiwiSaver. First Choice differs from the ASB KiwiSaver scheme as it […]
Category Archives: KiwiSaver Articles
Fidelity Life hooks up with global giant
KiwiSaver provider Fidelity Life has teamed up with giant global investment manager Dimensional to launch two new funds. Fidelity Life is launching the Asset Class Conservative Kiwi Fund and the Asset Class Growth Kiwi Fund, which will both have DFA Australia (Dimensional) as their primary fund manager. Dimensional manages more than US$270 billion in assets […]
Hedge funds offered as point of difference
KiwiSaver members will be offered the chance to invest in hedge funds by a new player in the market, Generate KiwiSaver. It registered its prospectus on Friday. Generate KiwiSaver is run by Generate Investment Management, headed up by former Huljich Wealth Management investment manager Henry Tongue. Directors include Warren Couillault, formerly of Fisher Funds. The […]
AMP to merge KiwiSaver schemes
AMP has announced plans to transfer its AXA KiwiSaver customers to the AMP KiwiSaver Scheme as it moves toward having a single scheme. Under the terms of the proposed transfer, which has to be approved by the Financial Markets Authority, all existing AXA KiwiSaver Scheme customers will be transferred to an “enhanced” AMP KiwiSaver Scheme. […]