Research by University of Otago found charitable trusts underperformed passive investment strategies, but the trusts say the report compares apples and oranges.
Self-select KiwiSaver provider InvestNow has added the two best performing growth funds to its range.
Getting value for money from KiwiSaver might run up against the 'not unreasonable' test for fees.
Former property owners are following the lead of first-home buyers and using their KiwiSaver funds to get back into the overheated housing market.