Your online guide to KiwiSaver, the Government superannuation scheme
A financial adviser who offers digital advice on KiwiSaver says he’s seen a “huge uptick” in demand for help during the Covid-19 disruption – and those who have received guidance have made it through the market volatility in better shape. Clive Fernandes runs NationalCapital.co.nz, an online platform that helps New Zealanders understand the KiwiSaver scheme …
Continue reading “Financial advice saving retirement futures: Adviser”
The Financial Markets Authority says KiwiSaver providers have been making efforts to advise worried investors during recent market disruption. Morningstar has estimated that KiwiSaver members moved $1.4 billion to more conservative funds in March, about 2% of all the money invested in the scheme. For many, that will have locked in losses at the bottom …
Continue reading “FMA: Providers working to help panicked switchers”
New Zealand deserves a level (default) playing field NZ Funds recently launched a free COVID-19 KiwiSaver hotline supported by independent advisers throughout the country. The phone line is open to clients of any KiwiSaver provider and promises no sales or products, just generic KiwiSaver advice. Since its launch, the phone line has been inundated with calls from anxious investors whose savings are with large state-appointed …
New Zealand deserves a level (default) playing field. NZ Funds recently launched a free COVID-19 KiwiSaver hotline supported by independent advisers throughout the country. The phone line is open to clients of any KiwiSaver provider and promises no sales or products, just generic KiwiSaver advice. Since its launch, the phone line has been inundated with calls from anxious investors whose savings are with large state-appointed …
Continue reading “Level the KiwiSaver default playing field”