KiwiSaver membership reached almost 1.2 million people in its second year, a growth of 54%, according to figures released by the Inland Revenue Department (IRD). “We saw KiwiSaver’s membership reach almost 1.2 million people (1,189,597 as at end of September, 2009), with growth of 54% in that second year,’” Revenue Minister Peter Dunne says. …
Category Archives: KiwiSaver News
KiwiSaver rally strongest in riskier, long term plays
KiwiSaver investors with strong stomachs and funds in high growth, higher risk assets did best as the global market recovery over the past six months, according to a Morningstar Australasia survey. A substantial investment market rally has seen the NZ sharemarket up 22%, Australia up 35% and the aggregate global sharemarket up almost 12% since …
Continue reading “KiwiSaver rally strongest in riskier, long term plays”
KiwiSaver rally strongest in riskier, long term plays
KiwiSaver investors with strong stomachs and funds in high growth, higher risk assets did best as the global market recovery over the past six months, according to a Morningstar Australasia survey. A substantial investment market rally has seen the NZ sharemarket up 22%, Australia up 35% and the aggregate global sharemarket up almost 12% since …
Continue reading “KiwiSaver rally strongest in riskier, long term plays”
KiwiSaver Performance Survey – Returns to 30 September 2009
KiwiSaver Performance Survey – Returns to 30 September 2009 KiwiSaver Performance Survey – Returns to 30 September 2009 Default Options Underlying Manager 3-month (%) 6-month (%) 1-year (%) AMP KiwiSaver (Default) Fund AMP 2.52263 4.44335 2.92895 ASB KiwiSaver Conservative Fund (Default) ASB 3.80984 6.36083 6.05995 AXA KiwiSaver Income Plus …
Continue reading “KiwiSaver Performance Survey – Returns to 30 September 2009”