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Do you agree with the FMA's suggestion that younger KiwiSavers should invest in longer term, higher risk, higher return funds to boost their retirement nest eggs?

October 25, 2012 - 08:43am, Bernard Hickey
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2 Comments

by Bernard Hickey | 25 Oct 12, 8:49am

Here's the FMA statement on

Here's the FMA statement on this:
http://www.fma.govt.nz/keep-updated/newsroom/media-releases/2012/time-for-kiwisaver-members-to-maximise-their-retirement-savings-potential/
And here's Amanda Morrall's article on why KiwiSavers should take more interest in their funds.
http://www.interest.co.nz/kiwisaver/61593/opinion-amanda-morrall-wades-h...
 
cheers
Bernard

by Zoltuger | 25 Oct 12, 9:27am

"It depends". As a young

"It depends". As a young saver, I have mine in a conservative fund because I want to withdraw my monies to buy a house. If I wasn't buying a house, I'd go for a higher risk option.