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Jonathan's Liverstone

A place of Bile & other Humours.

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Kiwisaver Scheme Providers  

So the Kiwisaver scheme looks like it might be worth paying some attention to.
I decided to check out the list of providers on the Kiwisaver website, to see if who might be worthwhile.
Interesting range of presentations. I initially dismissed the Fisher Funds site because they blasted me with a twee video ... that was before I hit the Tower Kiwiplan site. Bloody hell, talk about overkill. I felt like I was being talked down to (despite the wee bits of humour in the videos.)
The Aon site ... very sad.

Under Maintenance
The AonSaver site is currently under maintenance and will be available on Monday morning. Please call 0800 AONINFO, during normal business hours, if you have any queries.


Has nobody there thought it through ... the Kiwisaver scheme is launched on Monday, the punters (like me) are gathering their information before Monday (duh).
My primary interest in all these sites was whether or not there was any interest in Ethical Investment, and the only mention I could find anywhere was on the Gareth Morgan Kiwisaver Site which said:

We do not hold direct investments in arms/tobacco/alcohol businesses or directly support unethical practices, but we do invest in Australian funds, UK investment trusts and US index trackers. These fund managers invest in hundreds of companies, which we do not scrutinize in detail. It is therefore possible that unethical investments will indirectly make up part of the portfolio. We do not offer a purely ethical fund or investment direction. We strive to invest your savings in a responsible and ethical manner.

Not 100%, but as they were the only ones ... they get to win the race! UPDATE
No, it is not the smartest financial decision-making process, but the lack of any ethical investment options in such a big scheme is appalling!

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Disclaimer: (I stole this from Internal Affairs.)
All links and references to other websites, organisations or people not within my control are provided for the user's convenience only, and should not be taken as endorsement of those websites, or of the information contained in those websites, nor of organisations or people referred to. I also do not implicitly or impliedly endorse any website, organisation or people who have off-site links to this website.
... But then again; I only link to sites 'cos I see something there that's worth linking to.