Kiwisaver, who is really reaping the benefits?

New Zealand KiwiSaver fund industry enjoys a near monopoly situation, with no exposure to international competition. Annual fees that KiwiSaver funds charge New Zealanders (which are now close to $350 million p.a.) are far above international standards and not justifiable given their relatively poor...

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Bibliographic Details
Main Authors: Bart Frijns, Alireza Tourani-Rad
Format: Article
Language:English
Published: Tuwhera Open Access Publisher 2014-11-01
Series:Applied Finance Letters
Subjects:
Online Access:https://ojs.aut.ac.nz/applied-finance-letters/article/view/45

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