Compare KiwiSaver Providers
Compare all 12+ KiwiSaver providers in New Zealand. View fees, returns, investment styles, and key features to find the right provider for your retirement savings.
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Use our comparison tool to see detailed fee and return data for any KiwiSaver provider.
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All KiwiSaver Providers
| Provider | FUM | Fee Range | Style | Action |
|---|---|---|---|---|
| ANZ Investments | $23.5B | 0.85-1.15% | Full range | View Funds → |
| ASB | $16.2B | 0.80-1.08% | Full range | View Funds → |
| Booster | $5.1B | 0.45-0.74% | Diversified | View Funds → |
| BNZ | $6.8B | 0.85-1.05% | Bank funds | View Funds → |
| Fisher Funds | $5.8B | 0.65-0.89% | Active managed | View Funds → |
| Generate | $4.2B | 0.75-0.95% | ESG focused | View Funds → |
| Kernel | $900M | 0.25-0.27% | Index funds | View Funds → |
| Kiwi Wealth | $10.5B | 0.55-0.85% | Diversified | View Funds → |
| Milford | $4.1B | 0.75-0.99% | Active managed | View Funds → |
| Pie Funds | $800M | 0.85-1.04% | Active NZ | View Funds → |
| Simplicity | $3.2B | 0.10-0.31% | Non-profit index | View Funds → |
| Westpac | $8.1B | 0.80-1.12% | Bank funds | View Funds → |
Compare by Category
Lowest Fee Providers
Index fund providers with fees under 0.35%: Simplicity and Kernel offer the lowest total costs in NZ.
Compare low-fee providers →Best Performing Providers
Active managers like Milford and Fisher Funds have delivered strong historical returns across fund types.
Compare top performers →Bank Providers
ANZ, ASB, BNZ, and Westpac offer KiwiSaver as part of their banking services with convenient integration.
Compare bank providers →ESG/Ethical Providers
Generate, Simplicity, and others offer funds that exclude harmful industries and focus on responsible investing.
Compare ethical providers →Frequently Asked Questions
How many KiwiSaver providers are there in New Zealand?
There are over 30 licensed KiwiSaver providers in New Zealand. The largest by funds under management are ANZ Investments, ASB, Westpac, and Kiwi Wealth. Other popular providers include Simplicity, Milford, Fisher Funds, Generate, Kernel, and Booster.
What should I compare when choosing a KiwiSaver provider?
Key factors to compare include: total fees (management + admin), historical 5-year returns by fund type, investment style (active vs passive/index), fund options available, customer service and online tools, and ethical/ESG investment options.
Is it free to switch KiwiSaver providers?
Yes, switching KiwiSaver providers is completely free. There are no exit fees, transfer fees, or penalties. The process takes 2-3 weeks and your new provider handles the paperwork.
What is the cheapest KiwiSaver provider in NZ?
The lowest-fee KiwiSaver providers are Simplicity (0.10-0.31% total fees) and Kernel (0.25-0.27% total fees). Both offer passive index fund strategies. Low fees compound significantly over time.
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