KiwiSaver
KiwiSavers' missing millions
Wednesday 21st of January 2015
Almost 50 per cent of the 2.3 million people in KiwiSaver are in low-risk, conservative or cash funds. Twenty per cent of members are in one of the nine default funds they are automatically enrolled into when they join the scheme.
ANZ general manager of wealth products and marketing Ana-Marie Lockyer said someone earning $55,000, contributing 3% of their salary, matched by 3% of their em...
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