KiwiSaver benchmarks, while fulfilling a government mandate, don’t serve much purpose, a new study says. While the first part of Russell Investment NZ’s research, released last year, focused on institutional benchmarking practices, the second considers KiwiSaver. It concludes that most benchmarks are composed of a hodgepodge of unrecognisable underlying fund benchmarks providing little relevant information …
Continue reading “Call for simple KiwiSaver benchmarks to replace ‘Frankenstein constructs’”