Bubbles could attract KiwiSaver fly-by-nighters

Market bubbles caused by low interest rates could see speculative KiwiSaver schemes set up to lure unwary investors, Tower Investments chief executive Sam Stubbs warns. At the Tower Investments quarterly media briefing today, Stubbs said governments were engaging in “financial repression” by keeping interest rates artificially low. While this tactic gave the governments more “headroom” […]

Budget changes hit KiwiSaver’s appeal

Term deposits and rental property remain the investment of choice for the majority of Kiwi’s, while Budget changes have dented KiwiSaver’s popularity, according to the latest ASB Investor Confidence Survey. kiwiSaver fell from 12% to 9% as the investment offering the best return, ranked behind term deposits, rental property and bank savings. “The changes to […]