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Kiwibank set to dump Mercer as its KiwiSaver manager
Wednesday 12th of August 2009
It is understood Kiwibank, which partnered with Mercer in 2007 to distribute its KiwiSaver scheme, will officially announce the switch to AMP next week.
Neither Kiwibank nor Mercer were available for comment.
According to its 2008 annual report, the Mercer KiwiSaver scheme claimed just over 30,000 members and almost $50 million in funds under management as at March 31 last year.
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