News

AMP KiwiSaver members should expect major fee reduction

Wednesday 21st of October 2020

When AMP New Zealand Wealth Management (NZWM) announced yesterday that their KiwiSaver funds will be switching from active to passive funds, many across the industry were taken by surprise.

The move has seen the KiwiSaver scheme and its 220,000 members switching to a passive investment structure. The management of which will no longer be handled by AMP NZWM’s sister company AMP Ca...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.