Mirror, mirror on the wall, which is the fairest KiwiSaver scheme of all? Conventional wisdom says that when comparing similar funds, if all other variables are equal, cheaper should mean better. It said that, after 12 years of superannuation industry research, results continue to show fees are not the most important factor in comparisons between funds. This week SuperRatings released their 2017 KiwiSaver ratings report, awarding seven schemes its highest Platinum rating (one being the Fisher Funds Two KiwiSaver Scheme). The modelling showed that "those funds with the lowest fees will often provide lower investment returns than their higher fee counterparts".

Source: New Zealand Herald November 24, 2016 16:06 UTC