Active vs passive management of KiwiSaver and other funds

Why I disagree with result of recent debate on this

  • A bias in who took part?
  • Passive funds will always be average — that’s fine
  • Will the rise in passive management ruin the way the market works?

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Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a bestselling author on personal finance. From 2011 to 2019 she was a founding director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.