Appeal of one-stop shop helps drive Sharesies’ KiwiSaver growth

Sharesies is a recent arrival on the KiwiSaver scene but says it’s finding favour with customers who access all their investments in one place. Sharesies is a recent arrival on the KiwiSaver scene but says it’s finding favour with customers who access all their investments in one place. Thirteen months after launch of its KiwiSaver …

Simple still best amid growing investment literacy

KiwiSaver members will likely be keeping a closer eye on their balances as their pot grows but for most a straightforward management approach remains the best fit, says Milford Asset Management’s Head of KiwiSaver and Retail. Reflecting on the evolution of KiwiSaver and recent innovation in the sector, Murray Harris tells Good Returns that it …

“Heartbreaking” hardship applications a challenge for KiwiSaver providers

KiwiSaver providers are questioning whether they are adequately equipped to deal with hardship applications, with some wanting to see a centralised service established for savers who need to access their funds. In a roundtable discussion for Good Returns’ sister publication ASSET Magazine, providers spoke of the influx of applications they had received as economic conditions …

KiwiSaver assets grow to $117.6 bill

The KiwiSaver pot grew by $7 billion to $117.6 billion in the third quarter of this year with QuayStreet, Milford and Generate highlighted as some of the strong performers over the long term. According to research firm Morningstar’s latest KiwiSaver survey, the third quarter saw a mixed performance across the various asset classes, with some …