Under the KiwiSaver Act 2006 (the Act) it is an offence to fail to provide information required under the Act. (section 197)
There are a number of other offences, including failing to carry out any direction from FMA and knowingly supplying false or misleading information about a KiwiSaver scheme. See section 198 of the Act for a full list of other offences.
The Act provides for fines where persons are convicted of any of the listed criminal offences. (section 199)
See information on breaches and offences in the Issuers section.
See FMA's Enforcement Policy.