Generate: Advisers dealing with questions

KiwiSaver provider Generate is encouraging advisers to refer clients who are worried about its recent hack back to its website. It revealed last week that there had been illegitimate access to its systems. Data about 26,000 members, including their ID documents and passwords, was accessed. “We know that advisers are fielding questions from clients about …

Morningstar: Don’t expect another 2019

Investors are still being rewarded for taking risk – but there may not be another year like 2019 for some time, Morningstar’s director of manager research for Asia-Pacific Tim Murphy says. The research house has put out its latest KiwiSaver survey, which showed some of the top performers in the three months were AMP’s KiwiSaver …

KiwiSaver and social responsibility

Some claims of "social responsibility" may need a bit of further investigation. Michael Lang elaborates. HOW SOCIALLY RESPONSIBLE IS YOUR KIWISAVER MANAGER?  Advisers who have been in business for a decade or more will be aware of the power of fads, or as they’re commonly marketed in finance: investment themes. Investment themes are powerful because they can be packaged into a product …

Kōura: People see advice and KiwiSaver as distinct

New KiwiSaver provider Kōura is providing more advice to KiwiSaver members than initially expected – but not converting as many as had been hoped to members. Founder Rupert Carlyon said, since the KiwiSaver provider went live, it had given advice to 3,000 people via its digital advice platform. It has about 100 members so far. …