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Investment returns at 31 March 2020, before fees and tax
What a quarter! It may be disappointing if your balance has declined with the negative investment returns, however, it should be remembered that the last quarter is just that – one quarter - and that your KiwiSaver account has benefited from an extraordinary run of...
Do you know what type of investor you are?
Financial markets can go up but they can also go down as we have recently seen with the Covid-19 pandemic. While we may not like seeing our investments decrease, this can happen when a major global event occurs. It is important to understand what your investment...
‘Free’ contributions from the Government
Every year the Government makes contributions to the accounts of eligible KiwiSaver members, up to $521.43 each. These contributions are usually credited to members’ accounts in early July. In 2020 the Government paid $777.8 million in contributions to...
Are you paying the right amount of PIR tax?
Some of you may be asking what’s a PIR and what does this mean for me? Your PIR is your Prescribed Investor Rate. For KiwiSaver schemes, this is the tax rate that applies to investment earnings allocated to your KiwiSaver account. There are three PIR rates: 10.5%,...
Some more KiwiSaver jargon
This is the third article on KiwiSaver related jargon used by the media and others. We try to use plain English but every now and again a bit of jargon is inevitable in our communications with you. Over the coming months, you are also going to be receiving a range...
Investment returns to 31 December 2019
The great run continued into the last quarter of 2019. The return from shares was particularly good and led to solid Growth and Balanced Fund returns (given their preference toward shares). The quarter’s returns benefitted from the reduced concerns around trade...
Investment outlook for 2020 and beyond
The question on every investors mind is – what will returns be like in the future? As the future is unknown all that one can do is try and prepare for it. And maybe learn from the past. Throughout history investors were concerned with the ‘topic’ of the time. No...
Future of fossil fuels
Managing an ethical investment portfolio requires constant care, awareness and analysis. A sector that has particular significance currently is energy. We strongly believe in a lower carbon future and that society needs to transition away from fossil fuels as...
Choosing a KiwiSaver scheme can be like choosing a pizza
When it comes to ordering a pizza, there are so many different outlets we can use, and, even then, there are so many different flavours to suit our tastes – from meaty, seafood, vegetarian to vegan pizza. There’s even a range of crusts we can choose between, from...
Some more KiwiSaver jargon
There’s a lot of jargon used by the media and others when it comes to KiwiSaver and we started explaining some of this in our October 2019 issue. We try to use plain English but every now and again a bit of jargon is inevitable in our communications with you....
Love comes down from Heaven
It is a pleasure to send you Christmas greetings on behalf of the Board of Anglican Financial Care, as we approach this holy season, and await the longed-for birth of Christ. In our celebrations we give thanks that God is continually reaching out to us, longing to...
Investment returns to 30 September 2019
The quarter had another positive performance with both shares and bonds (fixed interest securities) performing strongly in the quarter. Longer term returns are also positive with growth assets (with their higher weighting toward shares) outperforming the more...
