Women are 10% more likely than men to switch KiwiSaver providers if their funds are invested in industries they do not support, a new survey shows. The research from Mercer found that nearly 75% of members said access to responsible investment was an important feature of the scheme. “Investment performance is top of mind for […]

New Zealand may not need KiwiSaver default schemes at all, one adviser says. The Government is working through the process of appointing default providers for the next term. There are nine default KiwiSaver providers, and their terms of appointment expire on June 30. About 715, 000 people are in default funds and more than half […]

Treasury wanted a reallocation of KiwiSaver default members so that each default scheme had a similar number of members, a regulatory impact statement shows. The Government is working through tappointing KiwiSaver default providers for the next term, which starts next year, through a tender process. At the moment, there are just under 690, 000 people […]