KiwiSavers paying an average 16% more in management fees this year
The market watchdog's annual dig into KiwiSaver reveals some interesting trends.
KiwiSaver members paid an extra $14 on average in management fees in the past year, with no apparent reason for the hike.
The Financial Markets Authority’s annual report into the lucrative KiwiSaver sector shows investment management fees rose 21.3% from $219.5 million in 2016 to $266.3 million
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Calida Smylie
Thu, 05 Oct 2017
Thu, 05 Oct 2017
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KiwiSavers paying an average 16% more in management fees this year
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