PocketWise - Latest News [Page 1]

Time to fix the savings musical chairs

Thursday, 19 September 2019, 4:57 pm | PocketWise

Official figures quote that 715,000 KiwiSavers are members of default funds. Of this pool, about 430,000 remain in default funds, having not made an active choice. On average, default funds have been earning 6% p.a. over the last 10 years. Over that ... More >>

Over a million KiwiSavers missing out on easy 50% returns

Tuesday, 18 June 2019, 11:31 am | PocketWise

PocketWise, the online financial product comparison site, is calling on KiwiSavers to ensure they have contributed enough into their account to earn the full benefit of Government rebates. KiwiSavers who have contributed at least $1,042.86 into their ... More >>

KiwiSaver funds still licking their wounds

Tuesday, 21 May 2019, 9:10 am | PocketWise

PocketWise, the online financial product comparison site, is calling on KiwiSavers to review their choice of KiwiSaver fund. Just in the last three months of 2018, about 80% of all KiwiSaver funds suffered losses ranging from as little as 0.1% to ... More >>

Stuff and PocketWise join forces

Monday, 15 April 2019, 9:51 am | PocketWise

PocketWise, a digital comparison and shopping service to help Kiwis make wiser financial decisions, has signed a strategic partnership with Stuff, New Zealand’s leading media organisation and number one news website. More >>

Financial service providers taking consumers for granted

Tuesday, 5 February 2019, 9:26 am | PocketWise

Kiwi consumers are not voting with their wallets when it comes to buying financial products such as credit cards, home loans, insurances and when investing in savings products such as KiwiSaver funds. In the process, not only are they missing out on ... More >>

KiwiSaver default funds creating lazy investors

Thursday, 25 October 2018, 9:25 am | PocketWise

Over 430,000 Kiwisavers, or just over 15% of KiwiSavers, continue to be invested in default KiwiSaver funds. This comes at an enormous cost to them. A recent study estimated that close to a billion dollars, and growing, is what default members have ... More >>

Are you losing out on refunds to your credit card?

Thursday, 27 September 2018, 12:32 pm | PocketWise

Monthly spending on credit cards has been increasing at a steady pace. Last month Kiwis clocked up over $3.9 billion in billings. This is a 34% growth in the monthly spend on credit cards issued in New Zealand, from 5 years ago. More >>

PocketWise launches financial health check tool

Monday, 3 September 2018, 3:36 pm | PocketWise

Financial product comparison site, PocketWise, has just rolled out a new online tool to help Kiwis take a financial health check to see how their current financial products stack up against others in the market. More >>

KiwiSaver – cheap and cheerful not always higher returns

Tuesday, 3 July 2018, 9:21 am | PocketWise

A recent PocketWise study highlights that there is no evidence to suggest that the cheapest KiwiSaver funds have been producing the highest returns for New Zealanders. Not at least in the first 10-year history of KiwiSaver funds. More >>

NZ Fintech PocketWise Helps Kiwis Stay Moneywise

Tuesday, 31 October 2017, 9:15 am | PocketWise

Comparing and choosing the best credit card, personal loan, mortgage or KiwiSaver provider just got a whole lot easier thanks to a group of New Zealand fintech entrepreneurs who’ve launched PocketWise today. The cloud platform compares a wide range of financial ... More >>


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