There were 21,757 transfers between KiwiSaver providers in June, up from 17,556 in May and 14,089 in April. Milford head of KiwiSaver Murray Harris said it had seen people moving into higher-risk funds, such as from growth to aggressive and balanced to growth. That would also align with KiwiSaver being a long-term investment so members choosing higher growth fund options. KiwiSaver fees range from anything from 0.2 percent to more than 2 percent. “KiwiSaver is a long-term investment, so any decision to switch should leave members feeling confident they’re in a solution that’s right for them over the long term.”