Should I be in a Bank KiwiSaver scheme or a NZ owned KiwiSaver scheme?

As of 31 March 2020, there were 33 KiwiSaver providers (source: KiwiSaver Annual Report 2020). Some of them are run by banks and some of them are run by other New Zealand owned companies. So what are the differences and which one should you choose? That’s what we’ll be covering in this blog post today.