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Business Scoop » Kiwis Can Hold Diversified Growth Funds, From Multiple Managers, In A Single KiwiSaver Portfolio.

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 th ....

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Kiwis Can Hold Diversified Growth Funds, From Multiple Managers, In A Single KiwiSaver Portfolio.

Wednesday, 14 July 2021, 2:38 pm
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 ....

New Zealand General , New Zealand , Castle Point , New Zealanders , Mike Heath , Investnow Kiwisaver , Smartshares Etfs , Nz Companies , Investment Solutions , Heartland Bank , Franklin Templeton , China Construction Bank , Smartshares Growth Fund , Financial Service Provider , Property Group , Milford Active Growth Fund , Citizen Community , Fisher Funds Growth Fund , Foundation For Public Interest Journalism , Revenue Department , Funds Exchange Traded , Kiwis Can Hold Diversified Growth Funds , From Multiple Managers , Single Kiwisaver Portfolio Wednesday , Investnow General Manager , Harbour Asset Management ,

'I should be cheered on in public' for working hard, owning properties and driving the top-down economy

I should be cheered on in public for working hard, owning properties and driving the top-down economy - Richardson
Newshub
8 hrs ago
Mark Quinlivan
© The AM Show
Watch: Richardson s comments earned him a round of applause from his co-hosts.
Mark Richardson was roasted by his co-hosts on Thursday s edition of The AM Show after claiming he should be cheered on in public for working hard and owning multiple properties.
Frances Sweetman, a financial expert and portfolio manager at Milford Asset Management, was on the show discussing New Zealand s debt - which is expected to reach 48 percent of GDP by 2023.
Sweetman explained a lot of that debt was in mortgages - which was one of the financial stability risks of New Zealand s expensive housing market. ....

New Zealand , Amanda Gillies , Duncan Garner , Sportsreader Richardson , Mark Richardson , Frances Sweetman , Milford Asset Management , புதியது ஜீலாந்து , அமண்டா கில்லீஸ் , டங்கன் கார்னர் , குறி ரிச்சர்ட்சன் , பிரான்சிஸ் ஸ்வீட்மேன் , மில்ஃபோர்ட் சொத்து மேலாண்மை ,

Interest rate shock: Bank picks OCR to go up within months

Interest rate shock: Bank picks OCR to go up within months
Newshub
7 hrs ago
Dan Satherley
© Video - The AM Show; Image - Getty Images
Related video: Reserve Bank won t hike interest rates massively as it d make housing market fall over - expert.
The official cash rate - at a record low since the pandemic hit - will likely start rising again before the end of the year, a major bank is predicting.
When labour is scarce wages go up, driving inflation (as measured in the consumer price index, or CPI). Inflation is also being pushed upwards by supply chain disruptions thanks to COVID-19, and high demand in the construction sector, with consents at an all-time high. ....

New Zealand , Mark Riggall , Nz Institute Of Economic Research , Quarterly Survey Of Business Opinion , Reserve Bank , Images Related , Economic Research , Quarterly Survey , Business Opinion , Milford Asset Management , புதியது ஜீலாந்து , ந்ஸ் நிறுவனம் ஆஃப் பொருளாதார ஆராய்ச்சி , காலாண்டு கணக்கெடுப்பு ஆஃப் வணிக கருத்து , இருப்பு வங்கி , படங்கள் தொடர்புடையது , பொருளாதார ஆராய்ச்சி , காலாண்டு கணக்கெடுப்பு , வணிக கருத்து , மில்ஃபோர்ட் சொத்து மேலாண்மை ,

ASB picks OCR to go up sooner than expected, risk of inflation 'too high for comfort'

9 hours ago
Related video: Reserve Bank won t hike interest rates massively as it d make housing market fall over - expert. Credits: Video - The AM Show; Image - Getty Images
The official cash rate - at a record low since the pandemic hit - will likely start rising again before the end of the year, a major bank is predicting.
When labour is scarce wages go up, driving inflation (as measured in the consumer price index, or CPI). Inflation is also being pushed upwards by supply chain disruptions thanks to COVID-19, and high demand in the construction sector, with consents at an all-time high. ....

New Zealand , Mark Riggall , Nz Institute Of Economic Research , Quarterly Survey Of Business Opinion , Reserve Bank , Economic Research , Quarterly Survey , Business Opinion , Milford Asset Management , புதியது ஜீலாந்து , ந்ஸ் நிறுவனம் ஆஃப் பொருளாதார ஆராய்ச்சி , காலாண்டு கணக்கெடுப்பு ஆஃப் வணிக கருத்து , இருப்பு வங்கி , பொருளாதார ஆராய்ச்சி , காலாண்டு கணக்கெடுப்பு , வணிக கருத்து , மில்ஃபோர்ட் சொத்து மேலாண்மை ,