Your online guide to KiwiSaver, the Government superannuation scheme
A new, low-fee KiwiSaver scheme being launched today will be a good fit for financial advisers who work on a fee basis, its managing director says. Former Tower Investments boss Sam Stubbs is launching Simplicity, a not-for-profit scheme run in the style of health insurer Southern Cross. It will be run by a charity and …
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KiwiSaver funds with allocations to defensive assets are starting to shine again, new data shows. For a number of years now, aggressive and growth funds with heavy allocations to equities have been the star performers. But the latest Morningstar survey, for the June quarter, showed more conservative options gaining ground amid international jitters. Most KiwiSaver …
Financial advisers are being urged to give clients a reality check about what they really need in retirement. An ANZ survey found most New Zealanders have lofty goals for their retirement – they want to own their own home, drive recent model cars and travel overseas. More than a quarter plan to do house renovations …
A growing number of high-net-worth individuals are looking to KiwiSaver as a way to manage their retirement income, AMP’s general manager of insurance and investments says. AMP is introducing 16 new funds to its current 11 KiwiSaver options, which will be made available via an online platform. Therese Singleton said it was the next best …
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