Kiwis helping Kiwis get the retirements they deserve
Did you know that over 75% of the KiwiSaver industry is foreign-controlled?
Last year, of the more than $522 million (yes you read that right) taken in Kiwisaver management fees, $383 million of that would go to line the pockets of foreign-owned Kiwisaver managers.
For the majority of Kiwi's that chose a foreign KiwiSaver manager, that decision has probably cost them thousands of dollars. On average, the Kiwi owned and operated KiwiSaver schemes have performed better than their foreign counterparts!