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AMP's New Zealand renovation continues

Sunday 15th of August 2021
Last month AMP transitioned its KiwiSaver offering to a passive strategy managed by Blackrock.
Fees within the scheme have reduced significantly and the fee structure has been simplified by combining the management and administration fee into one single amount.
It has reduced fees to 79 basis points across AMP 11 named funds even though they have a range of risk profiles.
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