Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Summer KiwiSaver scheme receives hallmark of clarity again


Forsyth Barr’s Product Disclosure Statement (PDS) for its Summer KiwiSaver scheme has again been awarded the WriteMark Plain Language Standard.

“The WriteMark shows our continued commitment to making this investment easy for investors to understand so they can make informed decisions,” says Trish Oakley, Head of Summer.

Since the scheme launched in 2016, the Summer PDS has achieved the WriteMark each time it has been updated. “To retain the WriteMark, a document needs to be reassessed each time it changes,” says Lynda Harris, Founder and Chief Executive of Write Limited.

“The statement is a living document, and as it changes we work to keep it up to the WriteMark standard,” says Oakley. “We are committed to ensuring that the statement remains transparent and accessible to KiwiSaver investors.”

Accessible information is a cornerstone for making wise decisions about investment, she says. “The statement clearly explains how the Summer KiwiSaver scheme works and the associated risks for investors.”

“This also sits alongside our broader financial education commitment that we strive for through our investor education programme led by financial author, seminar presenter and Authorised Financial Adviser, Martin Hawes.”

Harris states, “Information about investment affects decisions that have a far-reaching impact. Forsyth Barr has committed to clarity in a field that’s known for its complexity. Their members can be confident they’re investing with their eyes wide open.”

What the WriteMark means
The WriteMark is a quality mark awarded to documents written to a high standard of plain language. A document that carries the WriteMark:
• has been checked against the rigorous WriteMark criteria
• is focused on the needs of the intended audience
• is easy to read, understand, and act on
A document carrying the WriteMark logo shows that it has been checked for clarity, grammar, and presentation against a rigorous standard.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident… More>>

ALSO:

Oil Scare: Trump Authorises Use Of Emergency Crude Stockpile

The New Zealand dollar fell against the US dollar after President Donald Trump authorised the use of the country's emergency crude stockpile after the weekend attack on Saudi Arabia’s major oil facilities. More>>

ALSO:

Pre-Post-Brexit Deal Talks: UK Trade Minister Visits Wellington

New Zealand should get a better deal for exports of sheepmeat, beef and dairy products into the United Kingdom after Brexit, the British Minister of State for Trade, Liz Truss, said in Wellington today. More>>

ALSO:

Not-Very Well: Tamarind Halts Tui Drilling; OMV Assesses Options

Tamarind Resources has halted drilling at its Tui oil field off the Taranaki coast after the first of the three planned wells came up dry. Managing director Ian Angell says that despite the “unexpected” result from the first well, the firm believes the other two prospects are worth pursuing. More>>

ALSO:

Seeking 'Clarity': Crown To Appeal Southern Response Decision, Offers Costs

“It is our intention that the clarity that will come from the outcome of these proceedings will enable the Crown to work with Southern Response to provide a soundly based proactive solution to those people that are affected.” More>>