Brent Sheather: Kiwisaver - Commission issues
6 Apr 15 - NZ Herald - Since I started work in this industry back in 1984 retail investors have been regularly subject to investment disasters. Thankfully I wasn't involved in all of them. Portfolios have endured the various Fay Richwhite sponsored tax deductible partnerships which ended badly, the 1987 sharemarket crash, the unlisted property trust meltdown, junk bonds backed by Metropolis Hotel and Fortex amongst others, finance company debentures (of course), CDO backed bonds, Feltex etc etc.
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