{
  "id": 54740,
  "title": "Jump in KiwiSaver switches: Should you move to a new provider?",
  "url": "https://urgent.news/2026/08/02/jump-in-kiwisaver-switches-should-you-move-to-a-new-provider",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-02T17:43:35.000Z",
  "source": {
    "name": "RNZ Business",
    "slug": "rnz-business",
    "url": "https://www.rnz.co.nz/news/personal-finance/868405/jump-in-kiwisaver-switches-should-you-move-to-a-new-provider"
  },
  "original_language": "en",
  "account": "KiwiSaver members are switching their investments between providers, with 21,757 transfers occurring in June alone. This increase is believed to be due to greater consumer interest in investment choices, the emergence of new funds, and the positive performance of the share market. Sharemarket leader Sharesies has added over 30,000 members since its inception, while other providers report a rise in switching activity. Some funds have even been receiving a significant portion of these switches, such as Kernel, which accounts for 10-11% of the activity in the previous quarter.\n\nWhen evaluating whether to switch KiwiSaver providers, it is essential to consider factors such as the fund's investment timeframe, risk tolerance, and the provider's investment approach. After-fees returns should be compared over a longer period to avoid short-term fluctuations. Past performance, however, does not guarantee future results. Additionally, KiwiSaver fees can range from 0.2% to over 2%, and choosing the right level of fees is crucial. The choice between an active manager or a passive investment strategy can also guide the decision-making process. Other factors to consider include personalized financial advice and the level of service and advice provided by the provider. Ultimately, KiwiSaver is a long-term investment, and any switch should leave members feeling confident they have chosen a solution that aligns with their goals over the long term.",
  "summary": "The amount of fees and the investment style are two of the factors that should be considered by any Kiwisaver looking to move to a new provider.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}