Retire - KiwiSaver - Comparison

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KiwiSaver Comparisons

There are two areas in which comparisons can be made: fees and performance. It is intended to track both on this page. At this time we can only report approved Kiwisaver fees.

Fee structure can have an impact on overall performance, particularly if performance returns are low.

KiwiSaver Annual Fee Structures

Default Provider	Manager	Trustee	Admin	Brokerage	Other	Sub Total	Notes
AMP	0.5%	0.05%	$36	No	Yes	0.55%
ASB	0.25%	0.025%	$36/$30	Yes	Yes	0.275%
ING	0.4%	0.05%	$33	No	0.02%	0.47%
Mercer	0.5%	0.03%	$34.20	No	Yes	0.53%
AXA	0.504%	0.03%	$36.72	Yes	No	0.534%
Tower	0.48%	0.03%	$33/$27	No	No	0.51%

Other Providers
Fidelity	0.50%	0.065%	$36	Yes	Yes	0.565%

It is early to project and compare performance. KiwiSaver is a long term investment. Based on experience we expect Fidelity KiwiSaver to match, if not better most other Providers.

The FidelityLife Options Kiwi Fund is - #4 out of 115 funds for the first two years to 30 June 2010.

See this spreadsheet of all KiwiSaver fund performance over the last two years as at 30 June 2010.

This Presentation provides an up to date report on the FidelityLife funds and their performance.

The Consumer provides a good comparison calculator for estimated projected returns of providers. To view - click here.

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