Jenee Tibshraeny: NZ Herald Wellington business editor on the uptick in people withdrawing money from their KiwiSavers due to financial hardship
An increasing number of people are dipping into their retirement savings to meet soaring living costs.
KiwiSaver members made 18,291 withdrawals worth an average of $7921 over the year, according to new data.
NZ Herald Wellington business editor Jenee Tibshraeny explains why this is happening.
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