A spurious soap line meets another cluster of dirty laundry involving KiwiSaver default funds - and their regulator.
The FMA has taken low-fee pioneer and default KiwiSaver provider, Simplicity, down a peg with its strongly worded direction on advertising standards.
Quarterly Morningstar rankings for December have been dominated by funds that focus on environmental, social, and governance criteria – but studies into whether it's a solid investment strategy are mixed.
The OECD's suggestion support for first-home buyers should be dropped from KiwiSaver would undermine confidence in the scheme and turn off young people from saving, two industry watchers say.