PHOTO: KiwiSaver
OPINION: Climb a ladder and the higher you go, the harder the bump is, if you fall off.
It’s a simple relationship, though neighbours I’ve seen working at heights have shown me not everyone grasps the seriousness of it.
There’s a KiwiSaver risk ladder, and many people fail to grasp how that works either.
The Financial Markets Authority surveyed investors and found some confusion over the KiwiSaver fund risk ladder.
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* Strategies for the five ages of KiwiSaver
* Five ways KiwiSaver scheme will change this year
* Want to sort your KiwiSaver? Here’s how
Nearly everyone is in KiwiSaver, but many KiwiSavers don’t think they’re investors, the FMA’s new Investor Confidence Report shows.
READ MORE VIA STUFF