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8 Nov 2025 10:30
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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
     08 Nov: A construction company will use repeatable designs to churn out new hospital wards across the country
     08 Nov: How colourism and social media abuse have roiled Pacific beauty pageants
     07 Nov: Labour Weekend - and weather - played a big role in consumer spending in October
     07 Nov: Our largest electricity gentailer is welcoming two major announcements for the energy sector
     07 Nov: The Government hopes changes to the screen production rebate will lure more Hollywood productions to Kiwi shores
     07 Nov: Power has been restored to the Far North but residents are being asked to continue to conserve power today
     07 Nov: Luxury retailer Faraday's will be opening a 30 million dollar development on Auckland's Queen Street
     Top Stories

    RUGBY RUGBY
    A former New Zealand-born, Scottish international believes Scotland's backline is the x-factor in tomorrow morning's test against the All Blacks at Murrayfield More...

    BUSINESS BUSINESS
    A construction company will use repeatable designs to churn out new hospital wards across the country More...


     Today's News

    		 Business:
    A construction company will use repeatable designs to churn out new hospital wards across the country 10:27

     Living & Travel:
    Fog is continuing to cause major disruption at Auckland Airport this morning with 25 regional flights cancelled and others delayed 10:16

     Business:
    How colourism and social media abuse have roiled Pacific beauty pageants 10:06

     Living & Travel:
    History beckons at Riccarton Racecourse this afternoon as Cup Week begins in Christchurch 10:06

     Politics:
    One Piece defines gen Z protests from Madagascar to Indonesia 9:36

     Politics:
    Hundreds of US flights cancelled as government shutdown drags on 9:26

     Cricket:
    The ICC is heralding the success of the recent women's O.D.I Cricket World Cup in India and Sri Lanka 9:26

     Rugby:
    A former New Zealand-born, Scottish international believes Scotland's backline is the x-factor in tomorrow morning's test against the All Blacks at Murrayfield 9:16

     Entertainment:
    Seth Meyers has hit back at Donald Trump after the U.S. president attacked him on social media 8:37

     Politics:
    Auckland's mayor says he welcomes any law change to forcibly move homeless people out of the city centre 8:27

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