Business Hub: Fisher Funds' Bruce McLachlan on managing $14 billion
On losing its default status and its massive growth.
On losing its default status and its massive growth.
The exclusion has been described as narrow.
Australia is set to move its rate up from 9.5pc to 12 per cent over the next four years.
But there is no firm timeframe on when it will it will happen.
Around 300,000 members with $3.57 billion invested could be moved to other providers.
The changes affect 381,000 Kiwis.
The number of default providers will shrink from nine to six.
Kiwi Wealth has already committed more than $100m to private equity investments.
There is more than $78 billion invested in KiwiSaver.
Industry guidance isn't enough to force change, providers say.
The regulator wants providers to prove they are offering value for money.
Stock exchange's passive investment funds invest in nuclear-related companies.
Some members had to wait months not knowing when their contributions would be paid.
Claim numbers rose over 2020. What will the latest lockdown mean?
Strong share markets boosted growth funds but some property focused funds lagged.
How many KiwiSaver providers have applied for default status?
Knowing your fund is a dud comes down to three things.
When you can't borrow for a long time, you need to do some hard thinking.
KiwiSaver members who have waited months for IRD to transfer money want compensation.
How KiwiSaver funds performed over the three months to September 30.
Teenagers and those with low balances will be charged fees from December 1.
Is this an isolated case? Or have others also been affected?
Retirement Commissioner wants to incentivise more people to invest in KiwiSaver.
NZ's pension system gets B rating.
Up to 28 funds and nine fund managers are available through the scheme.
Some providers will be excluded from applying to become default KiwiSaver providers.
Kiwi Wealth to invest via Movac technology fund.
Who will apply for the KiwiSaver default status and who will be appointed?
Research shows both younger and older KiwiSaver members are not up with the play.