With so many KiwiSaver schemes to choose from that’s a good question.
The 5 year returns shown are the average for each fund type per annum (p.a.) from sorted.org.nz Fundfinder 01/04/11 to 30/06/16. Defensive 2.94%, Conservative 5.25%, Balanced 6.92% and Growth 7.65% p.a. The 5 year average returns are used for illustrative purposes only and during this time period there has been a bull market in equities so these returns may be higher than usual. Assumptions are that you remain employed and contributing 3% p.a. of your before tax pay or self-employed contributing continuously until you reach retirement at age 65. If employed your starting balance is assumed to be $12,500 and your salary is assumed to grow by 3% p.a. Your employer puts in 3% p.a. less Employer Superannuation Contribution Tax. If self-employed you begin contributing ($20 p.w.) $1,042.86 p.a. which is assumed to increase by 3% p.a. Inflation is assumed to average 2% p.a. The table above does not reflect the prospective performance of the Generate KiwiSaver Scheme or of any Fund. The returns are subject to investment and other risks (including potential losses). No returns are guaranteed or assured, and returns can at times be negative, particularly given the length of the investment period shown in the illustration. Past performance is not necessarily an indicator of future performance and returns over different periods may differ.
My adviser Abigail was great. She was thorough enough for me to understand and answered all my queries, which kept my mind at ease.
Liz - Generate KiwiSaver Member
I thought Bevan was excellent and was very clear and thorough. I have recommended him to others!
Tom - Generate KiwiSaver Member
My husband was very impressed with Generate and I have never had KiwiSaver so I joined based on the information and advice. Great job!
Rachel - Generate KiwiSaver Member
Jeremy was wonderful!! I was very impressed by the whole experience, it was very informative. What a great service.
Brett - Generate KiwiSaver Member
Paul was extremely helpful, I had no need to ask or request any further information as the graphs and information he provided were great.
Astrid - Generate KiwiSaver Member
After getting advice from Generate I know how KiwiSaver works and that you stand for putting me first and helping my financial investment grow.
Warren - Generate KiwiSaver Member
We were impressed. It was very informative without going overboard. It was great.
Bev & Barry - Generate KiwiSaver Members
It was an easy process for me to follow and a good amount of information was offered. I was pleased, that’s why I joined.
Tania - Generate KiwiSaver Member
So easy to understand and very useful information using facts and true stories.
Leah - Generate KiwiSaver Member
My partner and I were really pleased with the advice we received from Kasey! Would highly recommend to family and friends.
Jazmine - Generate KiwiSaver Member
Auckland-headquartered boutique KiwiSaver scheme, Generate, has upsized its investment team with the appointment of Edward Glennie as senior portfolio manager. In the newly-created position, Glennie would be supporting Generate CIO, Sam Goldwater, and CEO, Henry Tongue, primarily in global manager selection. The almost $400 million Generate scheme has a large allocation to offshore equity managers, which currently includes marquee firms T Rowe Price, Magellan, Platinum and Berkshire Hathaway as well as three specialist UK listed investment trusts on its roster.View more
KiwiSaver investors are being urged not to panic in the face of wild swings on world financial markets, following Donald Trump's victory in the US presidential election. Wall Street gained ground this morning, after yesterday's selloff on the New Zealand, Australian and Asian markets. But the experts say the volatility is likely to last for months. The Commission for Financial Capability says investors should not lose sight of their long-term savings goals.View more
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