Money

KiwiSaver switching surges 57% as expert warns against chasing top performers

KiwiSaver provider switches jumped 57% year-on-year in June, prompting warnings against chasing top-performing funds.

Skinny McBuntu

KiwiSaver switching activity has increased significantly, with moves to another provider jumping 57% year on year in June. An expert has cautioned investors against the practice of switching funds in pursuit of top-performing KiwiSaver schemes.

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