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Now we just need the default scheme to be balanced instead of conservative (and some other good points raised here: https://www.stuff.co.nz/business/money/105514546/Protest-over-the-1-billion-cost-of-KiwiSaver-default-funds)

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Their gain comes at the expense of KiwiSaver investors who effectively receive lower returns than they ought to be getting from a retirement investment. These poor returns are suffered primarily by New Zealanders least equipped to make considered investment decisions and pro vide for their retirement

Would be interesting if kiwisaver providers who have lower fees get a larger piece of the new-member sign up's too.

Personally I'm feeling good about Simplicity - market returns, low fees, donating to charity. Doesn't get much better than that.

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