
KiwiSaver
KiwiSaver managers making excessive profits: Stubbs

Tuesday 14th of March 2023
KiwiSaver manager Simplicity has made a 3.3% total fee cut across its conservative, balanced and growth KiwiSaver funds and diversified investment funds. The new total fund charge will be 0.30%, effective April 1. The fee cut is the fifth in five years.
Simplicity removed annual member fees for investors under the age of 18 in 2018, and the following year moved to a single member fee re...
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