30 Jan 2012

Transparency of Kiwisaver fees and disclosure rules

From Nine To Noon, 9:07 am on 30 January 2012

All KiwiSaver schemes are required to have fees that are "not unreasonable" but fees vary considerably across providers and the various funds on the market. But there is still no regulatory framework that requires managers to disclose the total cost of their fund or the subfunds that they channel your savings into. Kathryn talks to Sunday StarTimes business journalist Rob Stock, and former PriceWaterhouseCoopers partner Paul Mersi.