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Jump In KiwiSaver Switches: Should You Move To A New Provider?
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Scoop NZ - Business
Jump In KiwiSaver Switches: Should You Move To A New Provider?
Susan Edmunds Money CorrespondentKiwiSaver members are switching providers in increasing numbers, but how can you know whether it's the right thing to do?
There were 21,757 transfers between KiwiSaver providers in June, up from 17,556 in May and 14,089 in April.
That would also align with KiwiSaver being a long-term investment so members choosing higher growth fund options.
"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."