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KiwiSaver scale not being passed on in reduced fees: FMA report

Average fees per active member rose to $240, the largest jump in years.

The average fee charged to KiwiSaver members saw its sharpest increase in years as investment returns skyrocketed by $13.2 billion in the year to March 2021, the Financial Market Authority’s latest KiwiSaver annual report shows.

And that shows the benefits of scale – with total KiwiSaver

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Hamish McNicol Tue, 28 Sep 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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KiwiSaver scale not being passed on in reduced fees: FMA report
Investment,
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