The Golden Mile for Kiwi Saver Managers continues. New Zealand investors for years have paid to much, always at the top of the OECD comparisons, an elite grouping of money managers have had a bonanza for too long.
Rob Stocks article refers, and the formula of total percentage fund application to management fees also needs to be challenged!
*Remember the great Q/A column of Mary in the NZ Herald. https://maryholm.com/categories/nz-herald-qa-column/