KiwiSaver provider AMP says its latest marketing campaign has encouraged more than 100,000 customers in its default fund to make an active choice about their investments. The Is it Me campaign has reached 86% of its goal for AMP customer switches. “By switching our customers into a potentially higher returning fund, we can make their …
Category Archives: KiwiSaver News
NZ Funds KiwiSaver Scheme top rated for service
NZ Funds was the top rated KiwiSaver Scheme in New Zealand for service with a score of 99% as ranked by Sorted. Sorted is a website run by the Commission for Financial Capability and surveys KiwiSaver providers regularly to rank their commitment to service. “NZ Funds believes service will be an important ingredient over the long …
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Kiwi Wealth cuts fee
Kiwi Wealth is reducing its annual management fee for its conservative KiwiSaver fund from 1% to 0.83%. The move is one of several changes to Kiwi Wealth’s fee structure for its KiwiSaver cash, conservative, balanced and growth funds. The fee reductions will result in estimated cumulative savings of approximately $2.5 million per year for the …
Advisers told: Pick your time, prove your value
Advisers can use new behavioural research to glean tips on how to drive new connections with clients and deepen existing ones, the Financial Markets Authority says. It has released the results of the second phase of its KiwiSaver trial, run in conjunction with the Ministry of Business, Innovation and Employment and ANZ. It focused on …
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