Kiwisaver Strategy

[SBQ]

Superlife, Simplicity and ASB (and maybe others) invest directly in Vanguard funds, so the returns will just reflect their own fees, the PIE tax and any gains/losses from their currency hedging strategy (if applicable)

That defeats the purpose and looks like double dipping. Good reason why I told wifey to keep opting out of Kiwi Saver.