KiwiSaver survey: the full numbers revealed

View full KiwiSaver table here

According to the figures, as at March 31 the Commonwealth Bank-owned ASB once more topped the list as the single largest KiwiSaver scheme with almost $450 million in funds under management and over 170,000 members compared to $101 million under management and 72,305 members at the same time last year. The ASB-owned FirstChoice scheme also totallled 11,213 members and $37.3 million as at the end of March this year.

However, ING was the most successful overall provider with a total 212,732 members and $523 million across the four schemes it manages - the ING default scheme, ANZ, National Bank and SIL.

The survey, which represents about $2.6 billion in funds under management and almost 980,000 KiwiSaver members, showed the average member balance as at March 31 this year was approximately $2,650 with a wide range across the providers. The Huljich KiwiSaver scheme recorded the lowest average member balance of $670 while the tiny $1.55 million Brook Asset Management scheme scored the highest average with over $7,045 per member.