Mercer’s response to NZ Herald article – Monday 19 September 2016
In response to the NZ Herald article published on Sunday 18 September, Mercer would like to reassure all members in the Mercer KiwiSaver scheme that all fees deducted from member accounts are clearly disclosed as full dollar figures in the annual statement.
As shown below, the administration fee is disclosed in the summary table and the percentage-based fees are disclosed in a separate pull-out box.
If you would like further clarification on this matter, please don’t hesitate to get in touch with us on 0508 637 237.
For more information visit mercerfinancialservices.co.nz/kiwisaver-fees.html