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KiwiSaver mismatch a 'massive challenge' for advisers

Thursday 1st of March 2012

KiwiSaver has continued its rapid growth, doubling in funds under management from $5.6 billion in March 2010 to $11.3 billion in December 2011, according to the latest Reserve Bank statistics for the fund management industry.

The scheme is the only part of the $67.5 billion industry in New Zealand that is growing, and it is rapidly catching up in size to other superannuation funds, which...

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