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FMA KiwiSaver report: Contributions, fund-switching and fees

Friday 2nd of October 2020
KiwiSaver has continued to grow despite market volatility caused by Covid, according to the FMA’s KiwiSaver Annual Report.
Total funds under management increased 8.7% to $62 billion, compared to 2019 when total assets grew by 17%. Meanwhile, total membership increased 3.1% to three million, the same growth rate as 2019.
Many KiwiSaver funds dipped after world...
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