Ep 241: KiwiSaver Fees [Does Cheaper Mean Better?] / Greg Moyle

Episode description

Quick Fire Finance of the Day:

“You always say to look at KiwiSaver fees[Mary Holms] and I’ve never been that bothered before. But seeing in recent columns how high the fees can get with a bigger balance has been eye opening.

I’ve just checked my fund and there’s a 1 per cent base fee and 0.95 per cent performance fee. At a balance of $45,000 I’m ok with those fees right now, as the fund has performed well, but I’ll keep a closer eye on that in the years to come. Thanks for highlighting this for me.”

Source: https://maryholm.com/nz-herald-11-december-2021/

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