Millennials are accused of being unwise with money. Four young Stuff business reporters will share the fruits of their knowledge - and we're not talking avocados.
Kiwisaver fees are real, and sometimes really big. So much so that some financial experts have deemed them the biggest household expense nobody talks about.
If you're in KiwiSaver raking in those returns, then you are also paying for those fund managers out there to take care of your money. Nothing good ever comes free, as they say.
Fees depend on what fund (that's conservative, mixed, or growth) you are in.
Simplicity managing director Sam Stubbs said the two biggest financial decisions millennials can should make when it comes to KiwiSaver is what fund you're in and what fees you pay.
from
http://www.stuff.co.nz/business/money/95293850/Millennial-Money-The-best-KiwiSaver-scheme-for-me
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