KiwiSaver default funds told to lift game

Posted by in Kiwisaver on

Thousands KiwiSavers may be missing out on potential earnings because providers are not doing enough to help them invest in the right fund, the FMA says.

The Financial Markets Authority (FMA) annual report has ticked off providers of default conservative funds for not doing more to educate their members, and helping them to decide if they are in the best fund.

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