Milford's KiwiSaver shines while ANZ enjoys a rare March qtr
Milford Asset Management’s KiwiSaver funds enjoyed a better performance than all other KiwiSaver funds in the March quarter but returns were generally poor, the latest Melville Jessup Weaver survey shows.
Milford Asset Management’s KiwiSaver funds enjoyed a better performance than all other KiwiSaver funds in the March quarter but returns were generally poor, the latest Melville Jessup Weaver survey shows.
ANZ enjoyed a rare quarter with its growth and balanced KiwiSaver funds second-best performers for the quarter after spending long periods languishing at or near the bottom of the...MORE»
Volatility and Illiquidity to become KiwiSaver normThursday, April 10th, 6:08AM
Advisers will need to do plenty of client hand-holding as balances increasingly battle volatility and managers delve into more illiquid assets, according to research house Morningstar. MORE» |
KiwiSaver or KiwiTaxer? The changes high on adviser wishlistsThursday, March 27th, 10:05AM
There remains no real incentive for clients to direct extra contributions into KiwiSaver, so long as New Zealand is still a global outlier in its choice of tax structure around retirement savings, according to one financial advisory firm leader. MORE» |
No lid on KiwiSaver fees as balances grow
As KiwiSaver balances continue to swell the scheme is becoming a cash cow for investment managers, prompting one industry observer to question why there is not more downward pressure on fees.
MORE»Lock-up vs liquid: why a KiwiSaver cornerstone could change
With confidence in KiwiSaver underpinned by members’ ability to switch funds types and providers at a drop of hat, just how that will marry with long-term investment in potentially illiquid private assets remains in question.
MORE»KiwiSaver market share leader ANZ at bottom of performance table
The latest Morningstar KiwiSaver report shows the largest provider, ANZ with $22 billion under management, continues to be outperformed by most other providers in the core diversified fund categories.
MORE»KiwiSaver members open to sacrificing more for future gain
There appears to be an appetite among KiwiSaver members to take home less pay now in order to boost their retirement savings, according to a survey by investment platform Sharesies
MORE»Appeal of one-stop shop helps drive Sharesies’ KiwiSaver growth
Sharesies is a recent arrival on the KiwiSaver scene but says it’s finding favour with customers who access all their investments in one place.
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