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24 Feb 2020 10:34
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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.

    © 2020 Newstalk ZB, NZCity


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     Today's News

    Entertainment:
    Ben Foden’s wife Jackie Belanoff Smith is pregnant with their first child 10:29

    Business:
    Air New Zealand says the coronavirus outbreak will hit its bottom line -- to tune of up to 75 million dollars 10:27

    Law and Order:
    Christchurch has a new gang in town 10:07

    Entertainment:
    Taraji P. Henson found her “life’s purpose” in talking about her “mental health” 9:59

    Boxing:
    Kiwi boxer Joseph Parker thinks it's unlikely he'll get a crack at the Gypsy King 9:57

    Entertainment:
    Ben Affleck “didn’t want to get divorced” from his ex-wife Jennifer Garner 9:29

    Entertainment:
    Matthew Perry’s pals want to see him marry Molly Hurwitz 8:59

    Entertainment:
    ‘The Mandalorian’ is getting its own range of merchandise 8:29

    Law and Order:
    Wellington police are on the lookout for a wanted man believed to be armed and dangerous 8:17

    Politics:
    A school principal wants retailers to bear more responsibility when it comes to vaping 8:07


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