[GRTV] Pie Fund Management CEO, Mike Taylor is in studio

My next guest is Mike Taylor, the chief executive of Pie Funds. I've invited Mike along because Pie Funds has been doing pretty well out there but is going through a lot of change at the moment, and one of its latest innovations, if you like, or newest things it's done is launched a KiwiSaver fund under the JUNO brand. Why KiwiSaver now, so late in the game?

As you say, Pie Funds has been going through a number of positive changes and growth over the years, and for us it's an evolution. Previously, we felt we weren't ready for KiwiSaver, and that we've been looking at it for probably three years, and it takes a long time to get a KiwiSaver product up and ready, so literally that's how long it's taken us to get ready.

It takes that long? What is critical mass and how long will it take to get there?

Pie Funds as a business has critical mass. We'll be on that now, and in terms of KiwiSaver, our product is as much about social good as it is about having lots of funds under management and lots of members.