CORRECT Commerce Minister Foss beefs up KiwiSaver default fund numbers

Thu, 27 Mar 2014

(Includes ASB as existing default fund provider in 2nd graph) By Paul McBeth March 28 (BusinessDesk) - Commerce Minister Craig Foss has beefed up the number of KiwiSaver default providers that members are automatically enrolled into when they sign up to the government sponsored scheme. Westpac Banking Corp, Bank of New Zealand, KiwiBank and Grosvenor Financial Services will join AMP Financial Services, Australia & New Zealand Banking Group, ASB Bank, Mercer and Fisher Funds from the start of July in becoming default providers for the next...

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