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17 Feb 2020 8:08
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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:
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    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

    Law and Order:
    Wellington Police are asking for help to find a girl missing from Wainuiomata 5:56

    Cricket:
    Auckland pace bowler Kyle Jamieson's pleased to see the efforts of two Black Caps pay off in the Ford Trophy domestic one-day final 5:36


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