Switching KiwiSaver – the hidden cost and how to avoid it
Switching KiwiSaver – the hidden cost and how to avoid it
Article written by Anthony Edmonds – 24 April 2024
According to the Financial Markets Authority (FMA), New Zealanders made around 500,000 individual changes to their KiwiSaver investments last financial year. While changing your KiwiSaver investment approach is theoretically free, the snail pace at which it happens can result in some significant costs to investors.
There are two main ways people make changes to their KiwiSaver investments:
- Switches: Moving […]