ANZ is running a campaign to remind KiwiSaver members to contribute enough to get their $521 free from the Government. The campaign will run for two months. The Government provides $521 as a member tax credit each year to KiwiSaver members who contribute at least $1042 to their accounts in the year ended June 30. …
Category Archives: KiwiSaver News
KiwiSaver funds misclassifying risk: Research
Some KiwiSaver providers are incorrectly indicating the risk category of their funds, new research shows. The research by Randall Clement, with Henk Berkman and Annie Zhang, recently won an FMA research prize. It is due to be published in the journal New Zealand Economic Papers. Sorted, FMA and Morningstar all rank funds according to their …
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Clients’ families affect investing decisions
Financial advice offered to whole households or communities would have more of a lasting impact, new research suggests. Annie Zhang, a corporate finance senior analyst at KPMG and Massey University PhD student, analysed a database of one bank and four KiwiSaver providers’ members to determine what drives investor behaviour. Less than 20% of the investors …
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Small Kiwi market a problem for KiwiSaver
Capacity constraints are a looming issue for the KiwiSaver market to contend with as it grows, research house Morningstar says. It has released its latest quarterly KiwiSaver survey, which showed healthy returns for investors across all providers and risk profiles. There was a direct correlation between allocation to growth assets and performance during the quarter. …
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