KiwiSaver will be the most important part of advice

“I think we're at this real inflection point where KiwiSaver is mature and investors are starting to say, ‘my balance is at a point where this is serious and my actions need to become more serious’.”

Alman says there’s a rule of thumb that when your balance equates roughly to a salary, then you should get interested.

“With KiwiWrap we've made the minimum $50,000 because we think that's when people start thinking they might require advice.”

But there needs to be a mindshift among investors and advisers, he says.