KiwiSaver Statistics June 2009
KiwiSaver has recently had a second birthday that celebrated over 1,100,500 members. Of these people 52% were female and only 18% of the total membership were aged 55 plus.
Employee deductions in June 2009 amounted to $62,477,285 and for the financial year ending 30 June were $916,603,051. Total payments by the IRD to providers including kick starts and member tax credits amounted to $2,116,241,037.
Have all of your family had their slice of the cake from KiwiSaver? Whether working or not, so long as you or your family members are under 65 years of age, we can show you how to benefit from KiwSaver. The compounding effect of the additional benefits is hard to beat in the current financial climate.
Contact us if you require more information or would like to join.
Click here to view our disclosure statement
Click here to email Thorners or Call Us on (04) 528 8088
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
Investment Risk Profiles – Default KiwiSaver Schemes
Are you in a Kiwisaver default scheme?
Does your risk profile match your expectations?
An element of successful investing is paying attention to your risk profile – and understanding what that means for your long-term returns. Your risk profile is about what you want your investments to achieve and your attitude to the risks involved. While this may change over the longer-term, it’s important to understand how you feel about risk before you commit to your investment.
“One of the worst things an investor can do is change their risk profile (which is linked to their investment strategy) because of short term-market moves – you can’t expect to be a high risk investor when markets are booming and a low risk investor when times are tough. The point of a risk profile, or investment strategy, is to ensure your portfolio is structured so you can look past short-term moves to get the result you need.”
By determining your risk profile – such as growth, balanced or conservative – you can understand how comfortable you are with your investment choices, by setting a strategy which is consistent with your risk tolerance.
At Thorners, all clients complete a Risk Profile so that they can gauge their appetite for the various options available and at the end, they have an understanding of why they are investing in a particular fund.
As KiwiSaver Default schemes are conservative, they may not match your investment expectations. Contact us to discuss your options.
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
