Aurora Financial has come under fire from the Financial Markets Authority (FMA) over misleading existing and potential clients about KiwiSaver returns.The FMA said it was satisfied after a review that Aurora Financial “materially contravened” two market services licensee obligati...
Evidence suggests most members prefer to keep their KiwiSaver money on an arms-length basis.
New Zealand Superannuation Fund chief executive Matt Whineray has announced he’s leaving the $60 billion fund at the end of 2023.Whineray has spent fifteen years with the Guardians of NZ Superannuation, with five of those years spent in the CEO seat. The Guardians of NZ Superannu...
The fund manager's total target asset allocation to unlisted assets has lifted from 7.5% to about 10% of funds under management.