KiwiSaver

Tender for default KiwiSaver funds finally arrives

Sunday 4th of October 2020

KiwiSaver providers who want to be part of the default scheme will need to offer a low-fee balanced fund that does not invest in weapons or fossil fuels, and demonstrate they can engage with their clients through to their retirement.

“The current nine default providers were appointed in 2014, and the tender process will help determine the next set of providers to be in place by De...

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