How Do KiwiSaver Fees Work?
29 June 2015
When selecting a KiwiSaver provider, it is often difficult to know how to interpret information about the fees charged by the manager. Managers can charge fund fees as a percentage of a member’s investment, membership fees that are a fixed dollar amount and individual fees depending on an investor’s behaviour. The KiwiSaver (Periodic Disclosure) regulations lay out a framework for fund managers to report fees in a standardised way for investors to understand. This discussion will look at the... Read More