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29 May 2020 11:03
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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


     Other Business News
     29 May: Coronavirus sparks unprecedented closure of UK pubs, causes 70 million pints of beer to be wasted
     29 May: Farmers are supporting the efforts, to keep our waterways clean
     29 May: Expectation that it will take 12 to 18 months till the country financially recovers
     28 May: Farmers are raising concerns about some of the challenges around the new healthy waterways package
     28 May: The Christchurch City Council is discussing a rates increase today
     28 May: An Auckland Council member believes more could be done to help businesses struggling in drought
     28 May: First SpaceX commercial human spaceflight transforms space travel and opens up skies for tourists
     Top Stories

    RUGBY RUGBY
    Black Ferns sevens players have reassembled for training this week in Tauranga for the first time since the lockdown More...


    BUSINESS BUSINESS
    Coronavirus sparks unprecedented closure of UK pubs, causes 70 million pints of beer to be wasted More...



     Today's News

    Entertainment:
    Brian May suffered a heart attack after injuring himself in his garden 11:02

    Golf:
    European Tour golf will resume from July 22 with a so-called "UK Swing" of six tournaments starting with the British Masters 10:47

    Entertainment:
    Khloe Kardashian feels inspired by her family 10:32

    Law and Order:
    A Lower Hutt man denies attempting to murder his mother during the lockdown 10:27

    Business:
    Coronavirus sparks unprecedented closure of UK pubs, causes 70 million pints of beer to be wasted 10:17

    Law and Order:
    Police are investigating an incident in which an Auckland schoolgirl was allegedly abducted and sexually assaulted, before being released four hours later 10:07

    Entertainment:
    Chrissy Teigen has joked watching 'Peaky Blinders' makes her feel tempted to smoke 10:02

    Entertainment:
    Nicola McLean claims she was sexually assaulted by her masseur 9:32

    Business:
    Farmers are supporting the efforts, to keep our waterways clean 9:27

    Rugby:
    Black Ferns sevens players have reassembled for training this week in Tauranga for the first time since the lockdown 9:07


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