The New Zealand fee structures for both  Kiwi Saver and Managed funds  in most cases remain  too high. Comparative analysis and research constantly reiterates this, and the last decade has been a ‘golden mile’ for fund managers. Brent Shearer continues to run his campaign of criticism re high fees, and its about time Government spokespersons and key agencies also adopt this position and start talking down the fee’s extravaganza.

https://www.stuff.co.nz/business/96536135/researchers-reject-suggestion-focus-on-fees-is-wrong