Shareholders’ Association slams new KiwiSaver disclosure fee rules
Yesterday, the Financial Markets Authority (FMA) released its decision on the methodology for calculating the fees charged to members by dollar value.
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Hawke’s Bay
The Shareholders’ Association has come out swinging against a decision that will require KiwiSaver providers to disclose fees in dollar figures in annual statements.
In December last year, then Commerce and Consumer Affairs Minister Paul Goldsmith outlined the changes, saying fund fees can have
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Jason Walls
Fri, 09 Jun 2017
Fri, 09 Jun 2017
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Shareholders’ Association slams new KiwiSaver disclosure fee rules
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