New Financial Markets Authority: Smartsharesâ SuperLife Selected As Default KiwiSaver
Date
13/05/2021
The selection of NZX’s Smartshares as one of the six default KiwiSaver providers reflects a focus on low fees and a straightforward, transparent investment approach, says Smartshares CEO, Hugh Stevens.
Smartshares’ SuperLife KiwiSaver scheme cares for more than $1.2 billion on behalf of 31,350 New Zealanders.
Mr Stevens says the SuperLife KiwiSaver scheme has proven popular with members – “We provide financial wellbeing with a compelling combination of low fees and a passive approach to investing that we believe delivers better long-term results.
“Our KiwiSaver scheme has easy-to-use conservative, balanced and growth funds but also provides KiwiSavers who want more choice with access to a wide range of Smartshares Exchange Traded Funds. Our new default balanced fund will be an attractive option for cost-conscious New Zealand investors.”