Your online guide to KiwiSaver, the Government superannuation scheme
It is difficult for people nearing retirement to get access to the financial advice they need, it has been argued. Simone Robbers, the Financial Markets Authority’s director of primary markets and investor resources, and David Boyle, group manager for investor education at the Commission for Financial Capability, fronted media yesterday at a press conference to …
Continue reading “Retirement planning has to start somewhere: FMA”
Morningstar has given bronze ratings to Mercer’s KiwiSaver schemes. Bronze, silver or gold ratings are used to indicate Morningstar’s level of conviction in its recommendation of funds. The research house said the insights of a global team of investment professionals and extensive diversification at the asset and fund level were characteristics that make Mercer KiwiSaver …
Many New Zealanders have the mistaken belief that once they get to 65, they have to pull their money out of KiwiSaver, AMP New Zealand’s general manager of investments and insurance, Therese Singleton, says. She said leaving money in KiwiSaver through a retiree’s decumulation phase offered more freedom and potentially better returns than term deposits. …
ANZ is calling on other employers to do their bit to help women achieve better outcomes through KiwiSaver. The bank announced yesterday that it would continue to pay employer contributions to its employees’ KiwiSaver accounts while they are off work on parental leave. ANZ general manager of human resources Felicity Evans said the move was …