Have KiwiSaver Managers reacted since the FMA tightened their belt?

In April 2021 the Financial Markets Authority (FMA) released guidance for KiwiSaver scheme providers managed fund fees and value for money. What does this mean for you? Let’s find out! In its guidance, the FMA made it clear that some schemes were not delivering value for money. KiwiSaver providers continue to generate increasing fee revenue […]