Monday 4 September 2017

Hardship, fee focus and lack of engagement in KiwiSaver a worry for ANZ

KiwiSaver is a key part of many New Zealanders' retirement plans. But when it comes to the details, a large number of us still don't really care.

A new survey and whitepaper from the country's largest KiwiSaver provider have highlighted some of the problems with the retirement savings scheme, and made recommendations to improve it.

ANZ Investments said KiwiSaver members had started to focus more on the fees they paid.

​Its research showed younger people were particularly concerned about keeping fees low, even if that came at the expense of returns.

from
http://www.stuff.co.nz/business/96493322/Hardship-fee-focus-and-lack-of-engagement-in-KiwiSaver-a-worry-for-ANZ

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