Your online guide to KiwiSaver, the Government superannuation scheme
Few KiwiSaver providers are offering online advice, research firm SuperRatings has found. Last year, 83% of schemes provided formal education material. But SuperRatings' research showed, when class advice was delivered by KiwiSaver providers to clients, it was usually in person. SuperRatings said the Australian experience had shown using a range of channels, including videos and …
Continue reading “Online advice an opportunity for KiwiSaver: SuperRatings”
Investors need a better way of understanding how risky a KiwiSaver fund really is, one adviser says. Jon-Paul Hale, of Willowgrove Consulting, said the FMA's KiwiSaver Tracker was potentially confusing for users because the way funds are assessed meant that balanced options could sometimes be placed in the same basket as growth or conservative funds. …
Continue reading “Fund classification could trip up investors: Adviser”
An Auckland AFA who launched a roboadvice offer this year has amassed $1 million under management. Clive Fernandes, who owns and runs National Capital, was given a robo exemption at the end of January. His roboadvice platform offers KiwiSaver advice, with a small group of providers. Schemes are shortlisted using the FundSource performance tables and …
KiwiSaver could be part of the solution to provide financial advice to older New Zealanders who do not have large amounts of money to invest, adviser Martin Hawes says. Hawes is also chair of the investment committee of the Forsyth Barr KiwiSaver scheme, Summer, and is on the board of variable annuity provider Lifetime. He …