Working out precisely the fees and expenses that you will be charged by KiwiSaver providers is no easy task. In fact we’ll go further – for the person in the street it’s a nightmare – the same nightmare it is getting the truth out of the funds management industry normally. KiwiSaver hasn’t really changed this at all.
So this calculator, provided in the public interest, is an attempt to reveal the extent of fees and expenses that you need to know about when choosing a provider and choosing one particular product they have on offer.
The results of the fees comparator have been independently verified by forensic accountants,
PPB McCallum Petterson.
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| Show me the declared KiwiSaver fees I’ll face for a |
| and show me also the effective costs I’ll incur |
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Disclaimer: (1) You can expect KiwiSaver product offerings to be continually changed, new providers and products to be introduced, and old products withdrawn and even some providers themselves to withdraw. This is the nature of a dynamic, competitive market. So while we endeavour to keep the list of providers and products included in this comparator up to date, we can’t guarantee that the list will be comprehensive at any one time.
Disclaimer: (2) A Note for Providers – the nature of your documents does in some cases force the consumer to have to estimate certain charges and allowances that you have chosen not to quantify. Unless they do this they cannot get a realistic estimate of the total charges they face. One way to eliminate the need for such estimation is to be explicit about upper limits to any of these additions. If you choose to do so we’d be happy to adjust the formulae used to estimate your total bill to users.
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