More KiwiSaver please: Kernel dishes up another helping

How many KiwiSaver offerings are good for people's savings? (Image: Getty)

Wed, 06 Apr 2022

KiwiSaver is putting on weight, chunking up to almost $100 billion on the latest scale reading. The upsized local savings market has attracted several hungry startup competitors over the last couple of years, including the latest new entrant, Kernel Wealth, which joined the buffet queue this week.But KiwiSaver is hardly fat compared, say, to the A$3.3 trillion-plus Australian superannuation market that has been gorging on regular flows (now equating to 10% of employee pre-tax salary or wages) and investment returns for 30 years.Despite the...

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