KiwiSaver

Generate racks up $200m

Wednesday 11th of May 2016

It grew by 3000 members in the last quarter – faster than some of the bank-owned schemes.

Chief executive Henry Tongue said one of the key points of difference was that Generate advisers helped their clients understand KiwiSaver’s benefits and to find a fund that suited them.

He said clients found the process valuable and many moved out of default funds into more age- and risk-alt...

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