The KiwiSaver Performance Fees Guidance Note builds
upon the three characteristics the Government Actuary identified in
his Guidance Note KSGN2 issued in March 2008. It will be the basis
upon which FMA will assess whether a performance fee is 'not
Prior to finalising the document for publication, FMA wishes to receive your comments on the contents of the Guidance Note.
The consultation period is three
Please send your written submissions by using the Contact Form on FMA's website. Select 'make a comment' and clearly label your attached submission document as 'Submission on KiwiSaver Performance Fees Guidance Note'.
You can also send your written submission to the Manager, Superannuation Schemes at FMA's Wellington offices.
The deadline for submissions is Friday 2 December 2011.
Once submissions have been
received and considered, FMA will issue a final version of the
Submissions will be subject to the Official Information Act 1982. FMA may also make submissions available on its website, or draw attention to submissions in internal or external reports. If you would like FMA to withhold any commercially sensitive, confidential or proprietary information included in your submission please say so in your submission. Any request to have information withheld will be considered in accordance with the Official Information Act.