SuperRatings KiwiSaver Awards show after-fees return key factor

Media release: 27 November 2016

ANZ Investments today welcomed the SuperRatings report on KiwiSaver schemes which highlighted the need for members to focus on after fee and tax outcomes rather than just fees alone. 

All three of ANZ Investments’ KiwiSaver schemes received the highest possible Platinum ratings from SuperRatings - the ANZ KiwiSaver Scheme, ANZ Default KiwiSaver Scheme and the OneAnswer KiwiSaver Scheme. 

ANZ General Manager Funds and Insurance Ana-Marie Lockyer said choosing the right KiwiSaver provider is one of the most important investment decisions New Zealanders will make. 

SuperRatings urged KiwiSaver members to focus on the after fee investment returns of KiwiSaver funds, rather than just the fees they charged. 

“It’s important for members to have access to independent information like this so they can make an informed decision,” said Mrs Lockyer.  

“We have consistently said investment performance, after fees, is the key factor in ensuring people meet their retirement savings goals,” Mrs Lockyer said.

 

For media enquiries contact:

Louise Nicholson - Corporate Communications

+64 9 2526289 or +64 27 4959366

louise.nicholson@anz.com

 

A guide and product disclosure statement for the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme are available at anz.co.nz.

A guide and product disclosure statement for the OneAnswer KiwiSaver Scheme is available at anzinvestments.co.nz.

SuperRatings does not issue, sell, guarantee or underwrite this product. Go to www.superratings.com.au for details of its ratings criteria.

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