Should KiwiSaver hardship applications be centralised?
KiwiSaver withdrawal numbers are up, but it’s not an easy process to go through, one adviser says.
Inland Revenue data shows that across 2025, there were 58,460 KiwiSaver withdrawals for hardship reasons.
About 48,000 withdrawals were made by people buying a first home.
In total, $514.8 million was withdrawn from KiwiSaver because of hardship, and $2.1 billion for a first home.
Dean Anderson, founder of Kernel, said the increase in withdrawals year-on-year created an extra...MORE»
KiwiSaver providers hope for political accordTuesday, January 20th, 5:14PM
KiwiSaver providers are hoping this is the year that politicians can work together on a better future for the retirement savings scheme. |
Should KiwiSaver be compulsory?Tuesday, January 20th, 6:17AM
KiwiSaver providers are divided on whether it is appropriate for the scheme to be made compulsory. MORE» |
Kiwimonster offers advisers KiwiSaver insights
A new tool will give advisers more information to help them make KiwiSaver decisions with their clients.
MORE»Paying advisers for KiwiSaver advice
Amova (nee Nikko) has rolled out a new remuneration option for advisers offering KiwiSaver advice.
MORE»Super alone won’t cut it in retirement
New expenditure guidelines show how much New Zealanders need in their KiwiSaver to retire comfortably.
MORE»Morningstar to look under the hood of KiwiSaver funds
Morningstar plans to expand its coverage and research of KiwiSaver funds in New Zealand.
MORE»KiwiSaver turns 18 with $123 billion under management, but 30% aren't contributing
FMA chief executive Samantha Barrass unveiled the KiwiSaver Annual Report 2025 at the FSC Conference.
MORE»