Your online guide to KiwiSaver, the Government superannuation scheme
Milford Asset Management’s KiwiSaver funds enjoyed a better performance than all other KiwiSaver funds in the March quarter but returns were generally poor, the latest Melville Jessup Weaver survey shows. Milford Asset Management’s KiwiSaver funds enjoyed a better performance than all other KiwiSaver funds in the March quarter but returns were generally poor, the latest …
Continue reading “Milford’s KiwiSaver shines while ANZ enjoys a rare March qtr”
Advisers will need to do plenty of client hand-holding as balances increasingly battle volatility and managers delve into more illiquid assets, according to research house Morningstar. Advisers will need to do plenty of client hand-holding as balances increasingly battle volatility and managers delve into more illiquid assets, according to research house Morningstar. As global markets …
Continue reading “Volatility and Illiquidity to become KiwiSaver norm”
There remains no real incentive for clients to direct extra contributions into KiwiSaver, so long as New Zealand is still a global outlier in its choice of tax structure around retirement savings, according to one financial advisory firm leader. There remains no real incentive for clients to direct extra contributions into KiwiSaver, so long as …
Continue reading “KiwiSaver or KiwiTaxer? The changes high on adviser wishlists”
As KiwiSaver balances continue to swell the scheme is becoming a cash cow for investment managers, prompting one industry observer to question why there is not more downward pressure on fees. As KiwiSaver balances continue to swell the scheme is becoming a cash cow for investment managers, prompting one industry observer to question why there …
Continue reading “No lid on KiwiSaver fees as balances grow”