Kiwibank says it is not one of the two KiwiSaver issuers pulled up by the Financial Markets Authority (FMA) for potentially misleading statements in offer documents.
Stuart Bremner, Kiwibank general manager wealth and insurance, confirmed it was one of the 15 KiwiSaver providers audited as part of a review of the industry by the regulator.
But he said Kiwibank, which operates the Gareth Morgan KiwiSaver scheme and the Kiwibank KiwiSaver scheme, was not one of the two providers which the FMA said it was taking action against in a report published last week.
"With respect to your recent inquiry regarding KiwiSaver schemes that have been pulled up by the FMA "it ain't us"," said Bremner in an email.
Bremner said it was unfortunate the recent announcements had created "a game of guess who?" in the industry and amongst investors.