More people taking money out of Kiwisaver because of hardship
Cracks are appearing in people's retirement nest eggs, with more people taking money out of Kiwisaver on hardship groups. A new Consumer NZ survey, shows 16% of Kiwisaver members either made a hardship withdrawal, or suspended payments in the past year. According to Consumer's figures withdrawals have gone up three percent over the past two years. Consumer NZ CEO, John Duffy spoke to Lisa Owen.
The skinny
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