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3 Dec 2025 12:00
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      Home > News > Business

    Westpac has announced it'll be reducing KiwiSaver fees from the end of this year

    Westpac has announced it'll be reducing KiwiSaver fees from the end of this year


    From December 1, the monthly administration fee will drop from 2 dollars 25 to one dollar.

    Westpac's Experience Hub Acting General Manager, Karen Silk, says the changes will place Westpac's fees among the lowest in the market.

    The Financial Market Authority has raised concerns about KiwiSaver fees in its annual report, released this morning.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     02 Dec: Data shows Black Friday sales were busy - but spending was down on last year
     02 Dec: The Education Minister's welcoming the news community educators are accepting their latest pay offer
     02 Dec: Buying local this Christmas could help struggling businesses
     02 Dec: New Zealand exported more than 25 billion dollars worth of goods and services in the September quarter
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