Let’s keep KiwiSaver funds away from unlisted assets
ANALYSIS: The Milford Funds CEO has called for changes to boost KiwiSaver investment in private companies. It’s a bad idea.
Easing switching requirements would allow fund managers to lock up customer funds long-term.
Everybody likes to feel needed – and for businesses there’s surely no better way to feel needed than to keep your customers coming back for more.
Or maybe there is.
Some businesses like the feeling so much they work out ways to lock their customers in. Why bother providing consistently delightful
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