National wants to give KiwiSaver providers more choice and flexibility

National says it would provide KiwiSavers with more choices and the market more competition by allowing investment in more than one provider.National’s commerce and consumer affairs spokesperson Andrew Bayly also announced on Thursday it would be cutting back on the regulation of the financial sector.Bayly said that as the sector grows and matures, some KiwiSaver providers are looking to diversify their investments into different classes of assets – such as startups and build-to-rent investments. However, under the current sett...
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