
News
FMA tool ignites fee debate

Tuesday 28th of November 2017
The tool uses the quarterly data from KiwiSaver providers. It shows the risk profile, returns and fees for each fund, a percentage figure for how much of the return is paid to the manager in fees, and how much is paid to investors.
The data covers the past year and average five-year returns.
David Beattie, chief investment officer at Booster, said the tool would only be useful aft...
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.
3 min read