News

Focus on decumulation: ANZ

Friday 5th of December 2014

ANZ has released research which shows that 40% of KiwiSaver members surveyed plan to invest in term deposits when they reach 65. Another 28% plan to leave their money in KiwiSaver and draw it down from there. Just over 20% want to use their KiwiSaver money to pay off debt and 37% will use it for travel or leisure activities. Just 16% planned to invest the money in shares and 21% of those would...

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