Your online guide to KiwiSaver, the Government superannuation scheme
A legal opinion by law firms Chapman Tripp and MinterEllisonRuddWatts has outlined proposed changes to the KiwiSaver framework to support investment in private assets. Commissioned by ToitÅ« Tahua: The Centre for Sustainable Finance, the legal opinion says KiwiSaver members are missing out on investment options with potentially higher financial returns and long-term positive environmental, social …
Continue reading “KiwiSaver portability settings blocking investors from private asset benefits”
Market movements saw KiwiSaver assets grow $8 billion in the last quarter of 2023, ending the year at $104 billion according to Morningstar’s latest data. Average multisector category returns for the December quarter ranged from 4.9% for the conservative category to 7% for the aggressive category. Default options averaged 6.3%. All KiwiSaver providers, with the …
Continue reading “Final quarter of 2023 sees KiwiSaver reach $104 billion”
Market movements saw KiwiSaver assets grow $8 billion in the last quarter of 2023, ending the year at $104 billion according to Morningstar’s latest data. Average multisector category returns for the December quarter ranged from 4.9% for the conservative category to 7% for the aggressive category. Default options averaged 6.3%. All KiwiSaver providers, with the …
Generate becomes one of the largest boutique KiwiSaver managers. Generate has cracked the $5 billion in funds under management (FUM) mark, making it one of the largest boutique KiwiSaver providers (outside of banks). That growth has been driven by strong long-term performance, award-winning customer service and its focus on educating and empowering Kiwis to make …