KiwiSaver

Adviser KiwiSaver schemes lose share

Monday 2nd of November 2015

Collin Nefdt, formerly of Morningstar and now operating research organisation NZ Trends, said the bank dominance in the KiwiSaver market had pushed financial advisers to the side.

His latest research, for the third quarter of 2015, showed the drop in market share of schemes distributed by financial advisers.

Including AXA pre-merger, AMP's market share dropped from 20% in 2008 to...

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