KiwiSaver

KiwiSaver likely to have high fees: Aon

Wednesday 15th of June 2005
Aon’s general manager David Wood says the extra flexibility and administrative requirements the scheme will have is going to mean higher costs for fund managers. They will have to pass those costs on, he says.

“There is quite a bit of flexibility in terms of people being able to change fund manager; change the fund they are in; take a contribution holiday, that sort of thing.”

Other factor...

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