Why KiwiSaver schemes keep multiplying

David Chaplin
Wed, 13 Jan 2021

David Chaplin
Wed, 13 Jan 2021
Just before 2020 shut up shop, one more KiwiSaver provider slipped quietly through the doors.The KiwiWrap scheme, operated by Christchurch-based financial advisory services firm Consilium, was the third new KiwiSaver provider to earn regulatory approval last year. Although yet to formally launch, the long-awaited Consilium scheme echoes the theme of the two other KiwiSaver 2020 vintage providers.KiwiWrap along with InvestNow, which opened its KiwiSaver offering in October, and Select (November) all trade on the concept of offering a wider...

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