Latest HeadlinesIt’s a fact: KiwiSaver fees in NZ are lowNew research shows that KiwiSaver fees in New Zealand are lower than fees on similar funds in other countries. Friday, September 9th 2022, 9:05AMKiwiSaver provider Generate commissioned Deloitte Consulting Australia to compare fees KiwiSaver fees to similar funds in Australia and the United Kingdom. It found that KiwiSaver fees are on average lower than fees charged on similar funds in Australia and KiwiSaver default fees are on average lower than the fees for default products in both Australia and the UK. There are some common myths that KiwiSaver fees are higher than fees in Australia and this report demonstrates that is not true, he says. "This shows KiwiSaver fees to be highly competitive in relation to their much larger scale Australian and UK peers."

Source: Stuff September 09, 2022 03:35 UTC