Latest news with #FisherFunds
RNZ News
25-06-2025
- Business
- RNZ News
Personal finance: Date night budgeting
Money commentator David Boyle - General Manager KiwiSaver from Fisher Funds - joins Kathryn to talk about the challenges that couples can face in managing their finances and talking about money. He reckons a great way to tackle it is to have a budgeting date night! What does that involve? David Boyle is the General Manager of Kiwisaver for Fisher Funds and was previously with Mint Asset Management and the Commission for Financial Capability. This discussion is of a general nature and does not constitute financial advice.
Scoop
22-06-2025
- Business
- Scoop
ASB Appoints Frank Jasper As Chief Investment Officer
Press Release – ASB Frank has a proven track record of success as an investment manager, including time as a Senior Portfolio Manager and then Chief Investment Officer at Fisher Funds, with more than 20 years of experience in the industry. ASB has appointed Frank Jasper to the new role of Chief Investment Officer (CIO), strengthening ASB's in-house investment management expertise. Frank has a proven track record of success as an investment manager, including time as a Senior Portfolio Manager and then Chief Investment Officer at Fisher Funds, with more than 20 years of experience in the industry. Frank will work closely with ASB investment partner, BlackRock, which will see clients continue to benefit from BlackRock's global reach, expertise, and proven performance. 'I look forward to building on ASB's strong investment track record, working alongside BlackRock to continue to deliver strong returns for our clients in a rapidly changing environment. Delivering strong investment returns is only part of the puzzle to unlock greater wealth for Kiwi. I am very passionate about helping our clients, and all New Zealanders, to feel empowered to make better investment decisions, which will have a great long-term impact on their finances.' says Frank. ASB General Manager Wealth Emma-Jayne Liddy says Frank is a fantastic addition to the ASB team, bringing valuable experience and perspective both from his role on our Investment Committee and beyond, and is joining at a critical time for this part of the business. 'It's an exciting time for our Wealth business. We are proud of our strong investment track record, with the Morningstar KiwiSaver Survey placing our 12-month returns in the top quartile across all our diversified funds as at 31 March 2025. Additionally, the MJW 2025 Investment Survey has placed us in first place for one-year returns, across our Growth, Balanced and Moderate KiwiSaver funds, and we were also a finalist for Fund Manager of the year for 2025 in the Morningstar Awards for Investing Excellence. We want to continue building on this success for our clients. With a volatile market, the recent changes to KiwiSaver announced by the Government, and an uncertain geopolitical environment, it's important for our clients and all New Zealanders to have confidence in their investments. We have a big role to play here and we're looking forward to Frank's leadership and expertise to help set the business up to deliver on its ambition.' says Emma-Jayne. Frank Jasper started in his new role in June 2025. Alongside his new role as ASB CIO, Frank will continue as a member of the ASB Investment Committee, which he has been a part of since 2022.
Scoop
22-06-2025
- Business
- Scoop
ASB Appoints Frank Jasper As Chief Investment Officer
ASB has appointed Frank Jasper to the new role of Chief Investment Officer (CIO), strengthening ASB's in-house investment management expertise. Frank has a proven track record of success as an investment manager, including time as a Senior Portfolio Manager and then Chief Investment Officer at Fisher Funds, with more than 20 years of experience in the industry. Frank will work closely with ASB investment partner, BlackRock, which will see clients continue to benefit from BlackRock's global reach, expertise, and proven performance. 'I look forward to building on ASB's strong investment track record, working alongside BlackRock to continue to deliver strong returns for our clients in a rapidly changing environment. Delivering strong investment returns is only part of the puzzle to unlock greater wealth for Kiwi. I am very passionate about helping our clients, and all New Zealanders, to feel empowered to make better investment decisions, which will have a great long-term impact on their finances.' says Frank. ASB General Manager Wealth Emma-Jayne Liddy says Frank is a fantastic addition to the ASB team, bringing valuable experience and perspective both from his role on our Investment Committee and beyond, and is joining at a critical time for this part of the business. 'It's an exciting time for our Wealth business. We are proud of our strong investment track record, with the Morningstar KiwiSaver Survey placing our 12-month returns in the top quartile across all our diversified funds as at 31 March 2025. Additionally, the MJW 2025 Investment Survey has placed us in first place for one-year returns, across our Growth, Balanced and Moderate KiwiSaver funds, and we were also a finalist for Fund Manager of the year for 2025 in the Morningstar Awards for Investing Excellence. We want to continue building on this success for our clients. With a volatile market, the recent changes to KiwiSaver announced by the Government, and an uncertain geopolitical environment, it's important for our clients and all New Zealanders to have confidence in their investments. We have a big role to play here and we're looking forward to Frank's leadership and expertise to help set the business up to deliver on its ambition.' says Emma-Jayne. Frank Jasper started in his new role in June 2025. Alongside his new role as ASB CIO, Frank will continue as a member of the ASB Investment Committee, which he has been a part of since 2022. ASB Bank Helping you get one step ahead. In 1847, ASB opened as the Auckland Savings Bank with the pledge: 'to serve the community; to grow and to help Kiwis grow'. And that is very much what ASB is about today. ASB is a leading provider of integrated financial services in New Zealand including retail, business and rural banking, funds management and insurance. ASB strives to consistently provide its customers with outstanding service and innovative financial solutions. They're dedicated to providing simple financial products that allow their customers to bank with them how and when they want. We all have our own ways to measure progress, and our own stories about the things that matter to us. Whatever way you choose to measure progress, and whatever your goals, ASB is there to help you get one step ahead.
RNZ News
12-06-2025
- Business
- RNZ News
Social media videos promoting ways to game the KiwiSaver system
Inland revenue figures show a record number of hardship withdrawals from KiwSaver is the past year. Between July 2024 and April 2025, more than $389 million's been taken out of KiwiSaver for financial hardship reasons. That's up from $300m on the year before. People can access KiwiSaver retirement funds in significant financial hardship, including for example to pay for food, power or palliative care. However a fund manager told Checkpoint there is a multitude of social media videos full of workarounds to help people qualify for a hardship withdrawls and effectively game the system. General Manager for Kiwisaver Fisher Funds, David Boyle spoke to Lisa Owen.
RNZ News
06-06-2025
- Business
- RNZ News
Should I contribute to KiwiSaver or pay mortgage faster? Ask Susan
The short answer is it depends. Photo: RNZ I was wondering, is it better to invest more in your KiwiSaver or into your mortgage? We are lucky and have a little bit of extra cash every pay, so we have been making additional mortgage repayments. With the upcoming changes to KiwiSaver, we won't be able to continue to do this if we don't opt out. What is the better option? My thinking is the lower the mortgage, the less interest we pay, which would see us better off in the long term. Fisher Funds Kiwisaver general manager David Boyle says he has received questions like this over the years and the answer is: "it depends". "It's hard to know, without knowing the total financial position and how long they've got until they retire," he said. "Paying more off your mortgage and contributing to KiwiSaver are both smart choices, if you find yourself with a bit of money leftover before payday. "To help with this here are some things they should consider if they keep paying a bit more off the mortgage." It's probably worth talking to a financial adviser about this. If you opt to focus on paying your mortgage faster, you might need a plan to get you on track for retirement, once that loan is gone. The increase to contributions of 4 percent is stepped over the next couple of years. Are you likely to receive a pay rise over that period that will help you continue paying a bit off your mortgage, as well as contribute a bit more? You also have the option to temporarily lower your contribution rate back to 3 percent if you want. I am the epitome of being a victim of the government's totally unfair direct deduction policy. I should have started receiving my richly deserved superannuation when I qualified for it 9.5 years ago and the Winter Energy Payments seven years ago when they began. Consequently, over $300,000 has been stolen from me and I live in abject poverty as a result. I am a dual citizen from America. I have lived here 19.5 years, so on what legal basis has the government for denying the WEPs? Its written explanation is that it would be difficult to administer to NZ seniors not currently receiving a government benefit such as superannuation. That is mind boggling and I hope you see fit to write about this outrageous treatment of nearly 100,000 Kiwi seniors. Sorry, yes, I've checked with the ministry and it confirms that people who are not getting NZ Super because of an overseas pension cannot get the Winter Energy Payment. Generally, if your NZ Super entitlement has been eliminated by your overseas pension, it's because what you receive from overseas is more than the NZ Super payment. Send your questions to Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
