KiwiSaver’s Ethical Investing Approach Proves Profitable: Maximising Returns With Conscience
Ethical investment has become the centre of attention in New Zealand since more investors have started prioritising how funds affect the environment, society, and governance. Ethical investing helps to hold companies accountable for their actions and can lead to long-term sustainability. When investing ethically, there are benefits to the environment and society, but ethical investing […]
One investor – Multiple KiwiSaver Providers at Once. Good or Bad?
KiwiSaver, New Zealand’s largest saving scheme, stands on the verge of a potential transformation. The National Party’s new KiwiSaver policy proposes allowing individual Kiwis to split their KiwiSaver retirement funds across multiple providers. The proposal has ignited a discourse that could reshape how Kiwis navigate their financial futures. As KiwiSaver continues to play a pivotal […]
Simplicity Investing Habits Changing?
Simplicity, a prominent KiwiSaver fund manager, has been undergoing a transformation in its investment strategies. This shift from passive to active management is noteworthy and deserves a detailed examination. This article delves into the various facets of Simplicity’s investment approach, exploring the transition, the areas where Simplicity believes it has an advantage, and the justifications […]
Pay off Mortgage or contribute to KiwiSaver?
Recently, BusinessDesk received an email from a reader seeking financial advice. It turns out her stepfather had some questionable suggestions for her and her husband. The reader and their husband earn around $150,000 pre-tax, have a huge mortgage of $600,000 and currently cannot contribute more than 3% to their KiwiSaver. According to her stepfather, they […]
How KiwiSaver Compares To Australian Superannuation Funds
KiwiSaver was introduced in 2007 by the Fifth Labour Government to combat the lack of household savings in New Zealand. We had some of the lowest savings per household within developed countries until it was introduced.
Can ChatGPT Replace Your Investment & KiwiSaver Adviser?
ChatGPT has taken 2023 by storm. The open language model “chatbot” developed and launched by OpenAI in 2022 has certainly generated mass interest. It is almost surprising how quickly it has been adopted by individuals and companies alike.
5 Common Misconceptions About KiwiSaver
Kiwis from all walks of life have been able to save for retirement and buy their first home thanks to the introduction of KiwiSaver in 2007. Since then, it has been deeply ingrained in the culture of the New Zealand financial system.
Who do I contact regarding KiwiSaver?
Saving for your retirement can be a daunting topic for anyone, especially when you feel as though you are being left behind by those people who have it all sorted out. However, everyone deserves to feel stable, and that they will move into retirement with the money they need to remain that way.
My KiwiSaver has lost money, should I change to a lower volatility fund?
It can be daunting and downright worrying when you see your investments such as KiwiSaver drop in value. Naturally, we think to ourselves “Should I withdraw my funds before it drops even further?” or “Do I change to a lower volatility fund?”. We suggest that you shouldn’t and here is why.
What will my weekly expenses in retirement be?
Weekly Expenses in Retirement