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29 Mar 2024 8:31
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  •   Home > News > Business

    The financial watchdog is keeping a close eye on the fees being charged by KiwiSaver providers

    The financial watchdog is keeping a close eye on the fees being charged by KiwiSaver providers


    The Financial Market Authority's latest KiwiSaver annual report shows fund managers charged almost 539 million dollars in the year to March - but funds lost 801-million dollars over the period due to covid 19.

    Authority regulation director Liam Mason says officials are monitoring whether providers are continuing to charge reasonable fees.

    He says there has been movement from some providers and fees aren't going up, but they're going to need to put some pressure on the industry.

    © 2024 Newstalk ZB, NZCity

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    Another pay offer is on the table for Police - after union members labelled the last one insulting More...



     Today's News

    Entertainment:
    Joely Richardson struggled to find an agent after she turned 50 8:23

    Rugby:
    Ardie Savea insists an elevation to All Blacks captain is the last thing on his mind as he continues his season in Japan 8:17

    International:
    A global cocoa shortage could soon impact the price of chocolate, and PNG growers are cashing in 8:07

    Rugby:
    Chiefs Manawa fullback Renee Holmes is sceptical over a merge between Super Rugby Aupiki and the Australian Super W competition in the near future 8:07

    Rugby League:
    To rugby league's NRL.. 7:57

    Entertainment:
    Steve Harvey could easily "get rid" of one of his daughter's boyfriends 7:53

    Living & Travel:
    Dog owners are being reminded Easter egg hunts can be deadly for their pets 7:47

    Motoring:
    Christchurch Police have arrested three people, summonsed 11 others, and impounded 13 vehicles after the Chrome car show earlier this month 7:37

    Golf:
    To a Foxy-finish with a flourish on golf's PGA Tour.. 7:27

    Entertainment:
    King Charles and Queen Camilla will attend the Easter Sunday service at Windsor Castle 7:23


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