KiwiSaver fees up again as returns drop 90%
Financial Markets Authority says scheme getting to size and maturity where fees should start to drop.
FMA director of investment management Paul Gregory speaks with Hamish McNicol.
The average fee paid by most KiwiSaver members has increased again but the Financial Markets Authority says the scheme is getting to the size and maturity where fees should start to reduce.
Investment returns, meanwhile, have fallen more than 90% year-on-year, following a turbulent year for global
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