Blog
Members may lose the ‘race to the bottom’ on fees, researcher warns
Posted in Kiwisaver, Savings on
A new analysis has debunked the assumption that low fees inevitably equate with better outcomes for KiwiSaver investors. In fact, the study, released by Australian research house SuperRatings last week, found there was “often an inverse relationship between fees and investment outcomes achieved by members”.
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Brian Gaynor: KiwiSavers throw away thousands of dollars
Posted in Kiwisaver, Savings on
The latest KiwiSaver data clearly shows that the scheme has been a phenomenal success with one notable exception: a large number of scheme members are receiving no advice or poor direction and are in the wrong funds. As a consequence, these investors are throwing away tens of thousands of dollars of potential retirement savings.
View moreMagellan Asset Management - Brexit Update
Posted in Savings on
Hamish Douglass discusses his thoughts around the Brexit development in a video update.
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Platinum Asset Management - Brexit Commentary
Posted in Savings on
The decision by the British people to withdraw from the European Union (EU) took markets by surprise. Yet, it did not occur in a vacuum. Britain's vote to leave the EU needs to be seen in the context of a confluence of global social and economic trends.
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Mark Wilson discusses saving for retirement in New Zealand
Posted in Retirement, Savings on
Mark Wilson is the New Zealand-born Group Chief Executive Officer of the UK’s largest insurer Aviva. Mark shares some great suggestions on how New Zealanders can ensure they are well prepared for retirement.
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Double check before you sign
Posted in Savings on
Buying your first home can be daunting. You may have family and friends who can step you through the process. If not, where do you start? Here are the 10 basic steps to get you on the road to home ownership.
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How to get rich, slowly
Posted in Retirement, Savings on
People often ask billionaire investors like Warren Buffet for investment advice. He will ask them to forget about schemes to get rich quickly - his tips involve getting rich slowly. Learning to save is one of the most important pieces of advice he offers. It sounds simple. The tricky part for many people is putting the advice into practice.
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Budget Buster: The curious case of the shrinking KiwiSaver balance
Posted in Kiwisaver, Savings on
Has anyone else's KiwiSaver balance been mysteriously going backwards lately? Despite faithful monthly contributions, mine's been shrinking faster than a The Biggest Loser contestant's waistline. It's not a great feeling watching your retirement savings melting away. But it's important not to panic before making any rash decisions.
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KPMG: Average Kiwi 'financially illiterate'
Posted in Kiwisaver, Savings on
The average New Zealander could be losing up to hundreds of thousands of dollars by not managing their KiwiSaver accounts properly, according to leading financial consultancy firm KPMG.
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Kiwis miss out on KiwiSaver millions
Posted in Kiwisaver, Savings on
More than a million people did not receive any or all of the government's KiwiSaver subsidy in the last financial year leaving $300 million-plus on the table.
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