
KiwiSaver
FMA: Time to show what KiwiSaver members get for fees

Thursday 10th of October 2019
The report, produced by actuaries MJW, was included with this year's KiwiSaver report.
It showed that New Zealand fees were higher than those of the UK across all fund types except the most conservative active funds.
KiwiSaver members were paying FUM-weighted average fees for active funds of 1.14% compared to 0.4% in Britain.
Passive funds sat at 0.67% and 0.29%, res...
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