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KiwiSaver performance fees

Page last updated: 14 April 2021

This guidance note is intended for the managers and supervisors of KiwiSaver schemes. It sets out the criteria against which FMA will assess the reasonableness of performance fees.

Download the KiwiSaver performance fees guidance PDF.

This guidance note was first published in 2012, and was updated in 2021. It should be read alongside our guidance on managed fund fees and value for money.