One of the things that has made KiwiSaver successful is that it is refreshingly free from the hooks and barbs of hidden charges that have traditionally bedeviled the investment industry. Or so one would hope. Unfortunately, old practices die hard. All schemes must follow the same set of modern, competitive rules. Fees are regulated and transparent, and disclosed in a way that enables easy comparison. Right? …
Category Archives: KiwiSaver News
Pathfinder-backed KiwiSaver to target gender diversity
A new KiwiSaver scheme launching today will only invest in New Zealand listed companies that have at least one female director on their boards. The scheme – CareSaver – has also committed to share 20% of its investment management fees from its funds with a range of leading charities including the Mental Health Foundation, Forest …
Continue reading “Pathfinder-backed KiwiSaver to target gender diversity”
UK Pension Transfer Service Insight
NZ Funds’ new UK Pension Transfer Service aims to become market leader A market in need of a fresh approach For many years, the United Kingdom pension transfer market has been a murky backwater, with little transparency or regulatory oversight. Transfers to a number of prominent incumbent providers can involve fees of up to 5% of the value …
Retirement policy: Call to start over
New Zealand is spending billions of dollars on KiwiSaver with no clear indication that it is leaving anyone better off, two retirement policy commentators say. Michael Chamberlain, an Auckland actuary and investment adviser, and Michael Littlewood, co-founder of the University of Auckland’s Retirement policy and Research Centre, have released a new report, outlining “133 questions …