3 Jun 2020

KiwiSaver annual statements to include projections

From Nine To Noon, 9:07 am on 3 June 2020

KiwiSaver annual statements will be arriving in the mail for members  - but they'll contain a little more information this year.

For the first time, KiwiSaver members will be able to see a projection of how much they might have in their account by the time they reach 65 - and what that means as a weekly amount in retirement.

Liam Mason, Director of Regulation for the Financial Markets Authority, joins Kathryn to talk about why the extra information will be important for members.

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Photo: 123RF