Encounter the Difference

NZ CA is an association of independent Chartered Accounting firms, proactively working together for the benefit of our clients.

Tool helps track KiwiSaver

Published: 3rd December 2018

Author: Anonymous

Published in: TrialBalance December 2018 Issue 65

The authority has produced a tracker tool to help members compare and contrast fees and returns more easily. Just type “FMA KiwiSaver Tracker” into your search engine and you will get a wealth of information, provided yours is one of the many funds listed.

Quotes from the report include: “The tracker shows that there is no clear link between higher fees and higher returns, apart from a couple of standout funds.”

“The average investment management fee paid by members over the 2018 reporting year was $117, almost 20% more than a year ago”

“This year we ran a campaign calling on KiwiSaver members to check their annual statements.

“All KiwiSaver members were due to receive their annual statement in May and, for the first time, all KiwiSaver providers were required to tell members exactly how much they have been paying in fees in dollars.”

“We used influencers … to encourage KiwiSaver members to check our new Health Checker page in the hope they would take a few simple steps which could make a big difference in the long-term.

“Throughout the coming year, we will be conducting further work on the unreasonable fees test, as defined in the KiwiSaver Act.

“We regard active choices as important as they are a good indication that the provider’s financial literacy efforts have resulted in a member making a meaningful, informed choice in their own interest.”

Scam warnings

Meanwhile, the Financial Markets Authority has listed a number of suspected scam schemes. If you wish to check the list, type into your search engine: FMA warnings and alerts.

Related Articles

  • Auckland
  • Bay of Plenty
  • Canterbury
  • East Coast
  • Hawke's Bay
  • Manawatu/Wanganui
  • Nelson/Marlborough
  • Northland
  • Otago
  • Southland
  • Taranaki
  • Waikato
  • Wairarapa
  • Wellington
  • West Coast

Bavage Chapman Limited

Bavage Chapman is committed to forming close partnerships with their clients. This way Bavage Chapman can understand your unique situation and customise the assistance we provide to suit your needs. Their commitment to excellence is evident in the hardworking nature of our staff, and the exceptional service we offer.

Region: Auckland

Phone: 09 425 9835

Accounting HQ Limited

Accounting HQ Limited is a client focussed chartered accounting firm. We believe in supporting our clients in all their financial matters and although we are a small friendly local firm we do offer a full range of accounting services for all requirements.
Accounting HQ Limited Chartered Accountants (CA) came from the merger of the Iles Casey Partnership, Farquhar Accountants Limited and Graeme Lee & Associates Limited, Chartered Accountant practices.

Region: Bay of Plenty

Phone: 07 348 7066

Midgley Partners Limited

A boutique firm Midgley Partners are as particular as the clients and assignments they select. Continuely looking to secure clients who can demonstrate a desire to improve their understanding of their business, therefore grow their business and profits and improve their quality of life.

Midgley's have a great team of accountants and would like to get to know you and your business to help you and your business achieve your goals.

Region: Canterbury

Phone: 03 365 6900

No firms in East Coast

Accountants Hawke's Bay Limited

Accountants Hawkes Bay is an Independent Chartered Accountancy firm operating in Hawke’ Bay providing quality business and financial advice. We are a progressive firm specializing in accounting, taxation, business growth and software solutions for small to medium sized businesses.

Region: Hawke's Bay

Phone: 06 843 4868

Naylor Lawrence

Region: Manawatu/Wanganui

Phone: 06 357 0640

Wallace Diack Chartered Accountants Ltd

Region: Nelson/Marlborough

Phone: (03) 578 7389

Sudburys Limited

Sudburys look after business owners providing solutions in all areas related to accounting, finance and wealth management. They work alongside their clients, from supporting them with their daily accounting needs, to providing them with valued business advice.

Region: Northland

Phone: (09) 430 4888

G S McLauchlan & Co

GSM is a Dunedin based Business Advisory and Chartered Accountancy practice founded in 1957. 

GSM pride themselves on our specialist knowledge, our ability to keep fresh in today's ever changing environment

Region: Otago

Phone: 03 477 8192

McIntyre Dick & Partners Limited

McIntyre Dick & Partners Ltd is one of the top chartered accountancy and business advisory firms in Invercargill and with a diverse portfolio of clients throughout the south including Invercargill, Te Anau, Gore, Queenstown, Dunedin & throughout Otago.

Region: Southland

Phone: 03 211 0801

Harris Taylor Limited

The Accountancy world is constantly changing and highly competitive. At Harris Taylor their challenge is to stay ahead of the competition by providing the best possible service, whilst ensuring that client satisfaction remains our primary motivation and ultimate goal.

Region: Taranaki

Phone: 06 278 5058

Candy Gillespie Limited

Since its formation in 1962 Candy Gillespie Ltd of Matamata has been at the forefront of accountancy by providing clients with broad and relevant services.

Candy Gillespie pride themselves on being friendly and accessible, and as accounting specialists our business is helping businesses successful.

Region: Waikato

Phone: 07 888 7089

Southey Sayer

Offering a full range of accounting and business development services, tailored to meet the needs of each individual client. The wide range of expertise and experience within the firm is shared amongst the partners and their teams for their clients benefit. Services and products offered are fully flexible there will be no expectation to conform to a certain product or pricing structure.

Region: Wairarapa

Phone: (06) 370 0811

BW Miller Dean Ltd

BW Miller Dean Ltd was formed on 1 April 2016 with the merger of two long standing Wellington chartered accountancy practices: BW Chartered Accountants Ltd and Miller Dean Chartered Accountants Ltd. 

BW Miller Dean pride themselves on building relationships based on trust with clients through personal, individual attention, and always being available to help their clients with specialist Accounting or Finance functions when needed.

Region: Wellington

Phone: 04 910 3340

Marshall & Heaphy Limited

Central to the culture of the team that has been developed over their history, is the belief that successful and sustainable businesses are the backbone for the West Coast community. Great businesses create jobs, keeping people and family together on the Coast, building a sustainable community.

Region: West Coast

Phone: 03 768 7186