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KiwiSaver returns pull back in March quarter
29 Apr, 2021 01:10 AM
3 minutes to read
Conservative KiwiSaver funds plunged into the red during the March quarter. Photo / 123RF
KiwiSaver returns have pulled back in the first three months of this year but the amount of money invested in the retirement savings scheme continued to grow, closing in on $79 billion.
Research from Morningstar shows most conservative funds plunged into the red during the March quarter after bond yields rose, resulting in capital losses for many bond investments.
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Conservative funds typically have the highest percentage in bond investments.
The average return for conservative funds was negative 0.6 per cent with the worst performing fund - Simplicity s conservative fund - falling 2 per cent over the quarter.
Bidstack snags in-game advertising pioneer Katherine Hays as a strategic adviser In Bidstack s journey into in-game advertising I have always been aware that there are a very few people who have been down this path before . Katherine is one of the few., said Bidstack CEO, James Draper. Hays has been there and done that. She might even have the T-shirt.
Bidstack Group PLC (LON:BIDS), the native in-game advertising platform, has enlisted Katherine Hays, the co-founder of Massive Inc, as a strategic adviser.
Hays will take a seat on Bidstack s advisory board and will also play an active role in giving the company the benefit of her experience and success from the first generation of in-game advertising.
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This legal update has been revised from our April 7
publication to reflect the final amendments adopted by the
Washington State Legislature prior to final passage and presentment
to Governor Inslee for enactment. The most significant legislative
change is additional time for employees to opt out of the public
program.
Recent changes to Washington State law will require employees to
acquire long-term care insurance by November 1, 2021, to avoid
additional payroll taxes. This alert summarizes the current state
of the law resulting from final amendments adopted by the
1. Adhere to the three environmental basics of good sleep. First, be sure your room is as dark as you can get it. This may mean additional blinds, blackout curtains or a sleeping mask. Secondly, the room must be quiet. Additional drapes or a white noise sound equalizer may help. Thirdly, the room needs to be cool. The temperature should be 68 degrees or less.