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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
On the Money
7 mins to read

How MBIE's fundamental error misleads KiwiSaver investors

ANALYSIS: Regulators are allowing advisers to inflate projected returns in a way banned overseas.

The rules allow fund managers and advisers to make unrealistic return projections.

Some time ago a story made the news in which a financial adviser suggested that a 24-year-old individual earning at least the minimum wage who contributed 3% of his/her salary to a KiwiSaver fund with an aggressive asset allocation and saved a further $100 per week into a similar managed fund could

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Brent Sheather Sun, 29 May 2022
Contact the Writer: brent@cpam.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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How MBIE's fundamental error misleads KiwiSaver investors
On the Money,Columns,
94219
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