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Press Release – InvestNow Innovative online savings platform InvestNow has knocked back claims that the current single scheme KiwiSaver rule limits member choice. Mike Heath, InvestNow General Manager, said recent media comments alleging the current law restricting KiwiSaver … Innovative online savings platform InvestNow has knocked back claims that the current ‘single scheme’ KiwiSaver rule limits member choice. Mike Heath, InvestNow General Manager, said recent media comments alleging the current law restricting KiwiSaver members to one scheme is ‘incredibly bad practice’ misses an important development in the sector. “At InvestNow we’ve solved what some media commentators are calling a flaw in the design of KiwiSaver that restricts diversification by preventing members from joining more than one scheme,” Heath said. “By applying our existing platform technology, Kiwis don’t have to have all their KiwiSaver eggs in one basket – with us they can choose m

New zealand generalNew zealandCastle pointNew zealandersMike heathInvestnow kiwisaverSmartshares etfsInvestment solutionsHeartland bankFranklin templetonChina construction bankSmartshares growth fundFinancial service providerProperty groupMilford active growth fundFisher funds growth fund