The bank has chosen Russell Investments as its KiwiSaver partner following a competitive tender process.
“By appointing Russell Investments, BNZ is able to bring some of the best investment managers in the world together through the BNZ KiwiSaver Scheme,” says acting chief executive Anthony Healy.
In the five years since the launch of KiwiSaver, BNZ has partnered with KiwiSaver provider AXA.
Healy said that while BNZ has enjoyed a successful partnership with AXA, the bank felt that a BNZ branded scheme would be more convenient for customers.
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