KiwiSaver value for money not set and forget
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off.
Rajat Vats, founder of Nuvano, noted there was a wide range of fees being charged by KiwiSaver providers, from under 30 basis points at Simplicity and Kernel through to more than 1.3 percent at NZ Funds and AE KiwiSaver.
He said the average excess return compared to benchmark across funds with 10 years of data to report was -1.42 percent.
But on an absolute return basis, eight of...MORE»
FMA takes pulse of KiwiSaver private assetsThursday, April 16th, 4:33AM
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What KiwiSaver changes do managers agree on?
Prime Minister Christopher Luxon told the recent FSC Outlook come to us with your five best ideas and let's see what we can do. So Good Returns asked some fund managers for their top five KiwiSaver change ideas.
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