Your online guide to KiwiSaver, the Government superannuation scheme
New data from the Retirement Commission shows balances have increased year-on-year, but some people are still being left behind. The data shows the average balance across KiwiSaver was $41,286 in 2025, up 11.3% on the year before. Men’s average balance was $47,452 and women’s $38,212. About a third of members had balances below $10,000 but …
Continue reading “KiwiSaver balances lift but some members left behind”
New Zealanders may be underestimating how much they need to save for retirement – and calculators that tell different stories aren’t helping, one consultant says. Peter Urbani, from KnowRisk Consulting, has been looking at the retirement projection calculators offered by KiwiSaver providers and other institutions, and said they differed significantly. “If you put the same …
Continue reading “Call for change in way New Zealanders shown their retirement savings future”
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off. Rajat Vats, founder of Nuvano, noted there was a wide range of fees being charged by KiwiSaver providers, from under 30 basis points at Simplicity …
Continue reading “KiwiSaver value for money not set and forget”
KiwiSaver managers are likely to expand their allocation to private assets in the coming years, the Financial Markets Authority says, but one investment adviser says there should be more demand for it than there is. The FMA has released a report on private equity in managed funds. It said while New Zealand managed investment scheme …
Continue reading “FMA takes pulse of KiwiSaver private assets”