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BNZ drops KiwiSaver fees

The bank has also reduced managed investment fund fees to match.

Maria Slade Tue, 14 Sep 2021

Bank of New Zealand says its increasing scale in KiwiSaver has allowed it to drop its fees for the superannuation scheme.

BNZ is reducing annual fees on its KiwiSaver scheme to 0.45% from the end of the month.

It is also dropping fees on its managed investment funds, YouWealth, to the same

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Contact the Writer: maria@nbr.co.nz
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