Are KiwiSaver members getting value for their money?
Financial Markets Authority (FMA) is looking into this.
Report from a panel discussion on the topic at a conference:
- Are fees coming down?
- Some providers pay commissions to advisers who bring in KiwiSaver members
- Some performance fees are unfair
Also, brief comment on controversy over GST on KiwiSaver fees
Listen to the segment below, or click here to read Radio NZ’s summary.
You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here.
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Mary Holm, ONZM, is a freelance journalist, a seminar presenter and a bestselling author on personal finance. She is a director of Financial Services Complaints Ltd (FSCL) and a former director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it. Send questions to [email protected] or click here. Letters should not exceed 200 words. We won’t publish your name. Please provide a (preferably daytime) phone number. Unfortunately, Mary cannot answer all questions, correspond directly with readers, or give financial advice.