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High level of KiwiSaver switching during COVID-19 driven by young people

High level of KiwiSaver switching during COVID-19 driven by young people
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Gillian Boyes , Financial Markets Authority , Investor Capability , கில்லியன் சிறுவர்கள் , நிதி சந்தைகள் அதிகாரம் , முதலீட்டாளர் திறன் ,

New Zealand Financial Markets Authority: Thousands Of Young New Zealanders Missing Out On Investment Returns

New Zealand Financial Markets Authority: Thousands Of Young New Zealanders Missing Out On Investment Returns
Date
25/05/2021
The Financial Markets Authority (FMA) - Te Mana TÄtai Hokohoko - is urging young New Zealanders to check they’re in the right KiwiSaver fund. The call follows data indicating over 12,000 KiwiSaver members aged 26-35 years old are sitting in lower risk or conservative funds after switching from higher growth funds during COVID-19 market volatility last year.
Data supplied to the FMA by 11 KiwiSaver providers shows around 12,700 younger KiwiSaver members switched from growth to conservative funds between February and April last year and, most of them are still sitting in conservative funds, which may not be aligned with their long-term savings goals. ....

New Zealand , New Zealanders , Gillian Boyes , Financial Markets Authority , University Of Auckland , Investor Capability , Cam Mansel , புதியது ஜீலாந்து , கில்லியன் சிறுவர்கள் , நிதி சந்தைகள் அதிகாரம் , பல்கலைக்கழகம் ஆஃப் ஆக்லாந்து , முதலீட்டாளர் திறன் ,

Thousands Of Young New Zealanders Missing Out On Investment Returns

Tuesday, 25 May 2021, 10:29 am
The Financial Markets Authority (FMA) - Te Mana Tātai
Hokohoko - is urging young New Zealanders to check they’re
in the right KiwiSaver fund. The call follows data
indicating over 12,000 KiwiSaver members aged 26-35 years
old are sitting in lower risk or conservative funds after
switching from higher growth funds during COVID-19 market
volatility last year.
Data supplied to the FMA by 11
KiwiSaver providers shows around 12,700 younger KiwiSaver
members switched from growth to conservative funds between
February and April last year and most of them are still
sitting in conservative funds, which may not be aligned with ....

New Zealand , New Zealanders , Gillian Boyes , Citizen Community , Foundation For Public Interest Journalism , Financial Markets Authority , Financial Markets Authority On Infopages , University Of Auckland , Financial Markets , Investor Capability , Cam Mansel , Scoop Citizen Community , In Depth Engaged Journalism , Scoop Foundation , Public Interest Journalism , புதியது ஜீலாந்து , கில்லியன் சிறுவர்கள் , குடிமகன் சமூக , அடித்தளம் க்கு பொது ஆர்வம் பத்திரிகை , நிதி சந்தைகள் அதிகாரம் , பல்கலைக்கழகம் ஆஃப் ஆக்லாந்து , நிதி சந்தைகள் , முதலீட்டாளர் திறன் , ஸ்கூப் குடிமகன் சமூக , இல் ஆழம் நிச்சயதார்த்தம் பத்திரிகை , ஸ்கூப் அடித்தளம் ,

auckland.scoop.co.nz » Thousands Of Young New Zealanders Missing Out On Investment Returns

Press Release – Financial Markets Authority
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – is urging young New Zealanders to check they’re in the right KiwiSaver fund. The call follows data indicating over 12,000 KiwiSaver members aged 26-35 years old are sitting in lower risk or conservative funds after switching from higher growth funds during COVID-19 market volatility last year.
Data supplied to the FMA by 11 KiwiSaver providers shows around 12,700 younger KiwiSaver members switched from growth to conservative funds between February and April last year and most of them are still sitting in conservative funds, which may not be aligned with their long-term savings goals. ....

New Zealand , New Zealanders , Gillian Boyes , Financial Markets Authority , University Of Auckland , Press Release , Financial Markets , Investor Capability , Cam Mansel , புதியது ஜீலாந்து , கில்லியன் சிறுவர்கள் , நிதி சந்தைகள் அதிகாரம் , பல்கலைக்கழகம் ஆஃப் ஆக்லாந்து , ப்ரெஸ் வெளியீடு , நிதி சந்தைகள் , முதலீட்டாளர் திறன் ,

Business Scoop » Thousands Of Young New Zealanders Missing Out On Investment Returns

Press Release – Financial Markets Authority
The Financial Markets Authority (FMA) – Te Mana Ttai Hokohoko – is urging young New Zealanders to check theyre in the right KiwiSaver fund. The call follows data indicating over 12,000 KiwiSaver members aged 26-35 years old are sitting in lower …
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – is urging young New Zealanders to check they’re in the right KiwiSaver fund. The call follows data indicating over 12,000 KiwiSaver members aged 26-35 years old are sitting in lower risk or conservative funds after switching from higher growth funds during COVID-19 market volatility last year.
Data supplied to the FMA by 11 KiwiSaver providers shows around 12,700 younger KiwiSaver members switched from growth to conservative funds between February and April last year and most of them are still sitting in conservative funds, which may not be aligned with their long-term savings goals. ....

New Zealand , New Zealanders , Gillian Boyes , Mana Ttai Hokohoko , Financial Markets Authority , University Of Auckland , Press Release , Financial Markets , Investor Capability , Cam Mansel , புதியது ஜீலாந்து , கில்லியன் சிறுவர்கள் , நிதி சந்தைகள் அதிகாரம் , பல்கலைக்கழகம் ஆஃப் ஆக்லாந்து , ப்ரெஸ் வெளியீடு , நிதி சந்தைகள் , முதலீட்டாளர் திறன் ,