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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
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
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Thursday, 8 July 2021, 12:54 pm
8 July 2021 – PMG, one of New Zealand’s most trusted
and established property funds managers, has partnered with
online, direct-to-consumer fund platform InvestNow. This
collaboration offers InvestNow clients the unique
opportunity to invest in PMG Generation Fund, which is open
to direct applications via InvestNow from 5th July to 29th
July.
Scott McKenzie, PMG Chief Executive Officer and
Director, said “InvestNow is an ideal partner to help us
engage with the growing audience of online
investors.”
“While PMG has an extensive database
of valued clients and supportive financial advisers, we
expect platform investors like InvestNow’s are also