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According to a New Zealand Herald article, many KiwiSaver members may not have a full understanding of how much their KiwiSaver provider might be charging them.

While some people might feel that their money is better under the mattress than invested in markets, you can’t stash your KiwiSaver balance under the bed.

To celebrate Money Week, and this year’s theme ‘retirement’, we decided to debunk 5 common ‘myths’ about KiwiSaver. These are the KiwiSaver tales that just won’t die, but they also happen to be the ones that - if you don’t know they’re myths - could damage your potential future retirement income from your KiwiSaver account.

As we look at retirement during Money Week, we sat down with Ramesh Naran, Senior Manager, Product & Proposition Development at Kiwi Wealth, to get his thoughts on how the meaning of retirement is evolving and how technology will develop to support Kiwis’ retirement goals.

Do you want to eat salmon steak or tinned salmon when you retire? Are you dreaming of travelling the world? Or buying a new car?

KiwiSaver plays a vital role in New Zealanders’ retirement income but it is just one of a range of factors that will determine the lifestyle people will have when they finish working, says Kiwi Wealth.

The Kiwi Wealth KiwiSaver Scheme Growth Fund has been awarded the maximum five out of five stars for ‘outstanding value’, in CANSTAR’s annual rating of different KiwiSaver funds.  

Whether you’re interested in KiwiSaver, investing or the economy, we’ve got it covered with our round-up of the latest and greatest new stories from personal finance media this month.

NZ Super is meant to keep us out of poverty in our sunset years, but many Kiwis fear it won’t be there when they need it. A new study by Horizon Research¹ tells us that only 63% expect NZ Super will be available when they retire.

Looking down the road to retirement, most people are hoping for an active, comfortable lifestyle. Many have made a good start by establishing a KiwiSaver investment, but they’re unsure if it will be enough. A new Horizon Research¹ study shows that 77% of respondents don’t know how much their KiwiSaver investment will be worth when they retire.