Having more than one KiwiSaver provider is a good idea

I like National’s policy to allow people to have more than one KiwiSaver provider. If you are not 100% happy with your current provider you may be hesitant to transfer your entire savings over to a new one.

But if you like the look of another provider, and you had the option of say 50% of your savings going into your current provider and 50% into a new one, then you would be more likely to do so. And the increased competition between providers should lead to reduced fees.