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Covid-related KiwiSaver switches less likely with an adviser

Thursday 17th of June 2021

Research commissioned by the Financial Markets Authority (FMA) has revealed KiwiSaver members aged 26-35 made five times more fund switches than usual, while overall fund switching was three times higher than the normal volume.

Fund switching data of 1.5 million KiwiSaver members from seven KiwiSaver providers – representing around half of all KiwiSaver accounts -  from Febru...

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