COVID-19 and 5 KiwiSaver mistakes

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As the economy experiences a downturn, so do the financial markets and so does KiwiSaver. This causes unease and discomfort among investors which leads to some questionable decisions.

Milford KiwiSaver Active Growth Fund management through COVID-19

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The COVID-19 pandemic has caused an unprecedented human and health crisis. Measures have been taken across the globe to fight and contain the spread of the virus which has triggered a major economic downturn. Global markets have fallen like dominoes in a matter of days and countries around the world are suffering due to the […]

More time during the lockdown? Why not sort out your KiwiSaver account!

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Being in lockdown is boring – who knew there was so much time in one week! The silver lining is that now is the perfect time to do all those odd jobs you said you would do, but haven’t actually been able to get around to doing them. Sorting out your KiwiSaver account fits perfectly […]

Tuning out market noise

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Coronavirus Commotion At the moment, it’s impossible to go a day without hearing something about the coronavirus; it’s everywhere! It is not just impacting our health, but also how we work, socialise and consume. And it doesn’t stop there; financial markets and even the environment are also caught up in the effects of COVID-19. 

How Coronavirus could affect your first home dream?

Jill MacDonald and her fiance were on the cusp of buying their first home. Then the stock markets fell due to fear and uncertainty caused by COVID-19 which mean they lost 12% of their KiwiSaver savings ( approx $10,000) leaving them short on funds for a mortgage deposit. They had to delay their plans for […]

This time is different.

During every financial bubble, we will come across ‘experts’ in the media who are utterly convinced and try to convince the rest of us, that in terms of our economic future, “this time is different.”

How to save more in your KiwiSaver account in ‘Small Steps’

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All of us want to have a financially secure retirement. Because of rising expenses and inflation, NZ superannuation is not going to be enough to fulfil all our retirement expenses. In such a scenario KiwiSaver plays a very important role in our lives.

Over 400,000 KiwiSaver members missed out on $1b, warn advisers

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As per an article by the NZ Herald, over 400,000 KiwiSaver members who are in default funds may have missed out on $1 billion over the last six years because they are in the wrong type of fund and are being over-taxed. This was based on a report by a group of nine financial advisers.