Kiwisaver Member Behaviour: A Quantitative Analysis
Posted: 10 Aug 2012
Date Written: January 31, 2012
Abstract
The KiwiSaver scheme for retirement savings was launched in New Zealand in 2007. This paper examines investor behaviour in the context of that scheme. It uses a unique purpose-built database. The study finds that KiwiSaver members, like other investors, are chasing performance and seeking to avoid fees. However, an unexpected negative relation is found for bank ownership.
Keywords: Investor behaviour, Funds flows, KiwiSaver, New Zealand
JEL Classification: D14, G11, G23
Suggested Citation: Suggested Citation
Thomas, Callum David and Matthews, Claire D., Kiwisaver Member Behaviour: A Quantitative Analysis (January 31, 2012). 25th Australasian Finance and Banking Conference 2012, Available at SSRN: https://ssrn.com/abstract=2127480 or http://dx.doi.org/10.2139/ssrn.2127480
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