Markets around the world have seen record
highs, large falls, and steep recoveries over the past 18 months. But depending
on your choice of investment fund, you may have experienced a roller-coaster of
returns, or a sedate paddle-boat ride. It all depends on the ‘risk’ of the fund
Many KiwiSaver investors may have seen their balances take a dip recently on the back of some sharp ups and downs (with more downs than ups) across global markets. But really, this type of market movement is what we expect to see. KiwiSaver is a long-term savings option which means weathering difficult periods is part of the design rather than a flaw. What’s important is for members to keep their goals and objectives in mind and to choose an appropriate fund to suit. Continue reading…
By BNZ Head of Wealth & Private Bank, Donna Nicolof
KiwiSaver should be a key part of New Zealanders’ retirement planning. Because of how vital it is, we have put a huge emphasis on making sure the BNZ KiwiSaver Scheme is as good as it can be. This approach was recently given the tick by our customers with ConsumerNZ awarding us their People’s Choice Award for the second year running. Continue reading…
Donna Nicolof, BNZ’s Head of Wealth and Private Bank, reflects on ten years of KiwiSaver and looks forward into the next decade, identifying a number of changes that could be implemented to generate even greater benefits.
It’s been ten years since the launch of KiwiSaver, which was introduced on 2 July 2007 to get New Zealanders into saving and better preparing for their retirement.
We’re extremely proud to announce that BNZ’s KiwiSaver Scheme not only scored the highest rating for overall customer satisfaction in Consumer NZ’s recent annual KiwiSaver survey, but BNZ is also the winner of the 2017 Consumer NZ People’s Choice Award for KiwiSaver providers. Continue reading…
In September 2016 we announced we would be reviewing the BNZ KiwiSaver Scheme investments. We’re glad to report that we’ve developed a responsible investment policy spanning all investments made on behalf of our customers.
This has led to a number of exclusions being applied in our international equity holdings. Companies involved in the production of cluster munitions, anti-personnel mines, nuclear weapons as well as tobacco are excluded.
BNZ Private Bank Analyst, Katie Thompson, gives us an overview of the current state of play and what you can expect to see in financial markets in the lead up to the US election day.
The US presidential election will take place in just over four weeks, on 8 November 2016. The thought of Republican candidate, Donald Trump, becoming the president of the world’s largest economy is making investors nervous, and setting the stage for more market volatility, given his unconventional views and lack of clear policy direction. Continue reading…
BNZ Private Bank Analyst Chris Stephens, takes a closer look at the impact of Brexit on global financial markets and some of the other key issues that could affect investment returns going forward.
In the week that followed the UK’s referendum vote to exit the European Union (EU), global financial markets fell heavily, but quickly recouped their lost ground. In fact, during the three months since the vote, investors have been quick to shift their focus away from Brexit to other issues that may impact investment returns.
Since Friday last week (24 June), global financial markets have been highly volatile following the UK’s decision to leave the European Union (EU). Donna Nicolof, BNZ’s Head of Wealth and Private Bank, answers some of your questions.Continue reading…
Get a head start now and be sure not to miss out on a ‘free five hundy’ next year. BNZ has this life hack sorted for you.
Did you know there’s an incentive put in place by Government that basically means you could receive up to $521.43 a year just for contributing to your KiwiSaver account? It’s called the KiwiSaver Member Tax Credit (MTC). Here’s the deal: Continue reading…