More big banks likely to join BNZ in lowering KiwiSaver fees
The economies of scale are starting to kick in as the pool of KiwiSaver funds grows.
Other banks with large pools of KiwiSaver funds under management have indicated they’re likely to follow the BNZ in lowering KiwiSaver fees.
The BNZ announced this morning it was scrapping $1.95 per month membership fees while lowering and simplifying management fees for its KiwiSaver
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