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17 Feb 2020 8:22
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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
     17 Feb: A key KiwiSaver figure who oversees hardship claims is playing down the significance of last year's record number of claims
     17 Feb: A record number of people have taken a bite out of their Kiwisaver to satisfy financial hardship
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     15 Feb: Troubled 737 MAX Boeing airplane had at least 13 other safety incidents, ex-employee says
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     14 Feb: The founder of outdoor retail giant Kathmandu is facing criminal charges
     14 Feb: Fulton Hogan has beaten Downer for Dunedin's multi-million dollar road maintenance contract
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    To our Super Rugby weekend wrap More...


    BUSINESS BUSINESS
    A key KiwiSaver figure who oversees hardship claims is playing down the significance of last year's record number of claims More...



     Today's News

    Business:
    A key KiwiSaver figure who oversees hardship claims is playing down the significance of last year's record number of claims 8:17

    Cricket:
    Years of toil in the Plunket Shield could be about to result in more regular test selection for Ajaz Patel with the squad to play India named today 8:07

    Entertainment:
    Sophie Turner is reportedly pregnant 7:59

    Rugby:
    To our Super Rugby weekend wrap 7:57

    Education:
    It will be some time before efforts to increase teacher supply, are felt in schools 7:46

    General:
    Everything's going to plan for kayaker Lisa Carrington 7:36

    Entertainment:
    Rose McGowan has hit out at Natalie Portman over her Oscars protest against the all-male Best Director shortlist 7:29

    Entertainment:
    Vogue Williams believes the secret to her and Spencer Matthews' happy marriage is the "fact" that they're "best friends" 6:59

    Entertainment:
    Anton Lesser thinks his 'Game of Thrones' death was "too quick" 6:29

    Business:
    A record number of people have taken a bite out of their Kiwisaver to satisfy financial hardship 6:26


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