KiwiSaver Fees are falling

KiwiSaver is big business for fund managers now.  Launched on 1st July 2007 – KiwiSaver is now 12 years old.  The total amount of money invested in KiwiSaver is $54,661,000,000 and in the quarter ended 31/03/2019 the value of funds invested in KiwiSaver increased by $4,453,000,000. The two largest providers of KiwiSaver are ANZ/OneAnswer (many…