News

Advisers hang back from KiwiSaver

Wednesday 10th of October 2018

The Financial Markets Authority has released its latest KiwiSaver report. Director of regulation Liam Mason said even small amounts of advice made a difference to investors’ engagement with the scheme, but AFAs were still unlikely to get involved.

He said that was probably because the numbers did not stack up - providers that pay trail only pay between 0.15 per cent and 0.25 per cent of...

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