Kiwisave and chill
Juno and Pie Funds launch the ‘Netflix’ of KiwiSaver schemes, aim to take on the big guys by offering flat fees and social good
For those who keep a close eye on their Kiwisavings, it was grim start to the year with most Kiwisaver funds dipping troublingly into the red. Things have bounced back in recent months however and with a few new, innovative players entering the market, big players talking themselves up and new rules around providers having to disclose the actual amount paid on fees rather than just a percentage, the Kiwisaver market is suddenly looking a lot healthier and far more competitive. Juno and Pie Funds are the latest to try and shake things up with a new flat-fee option.