Brian Gaynor: KiwiSavers throw away thousands of dollars

Posted by Sam Goldwater in Kiwisaver, Savings on

The latest KiwiSaver data clearly shows that the scheme has been a phenomenal success with one notable exception: a large number of scheme members are receiving no advice or poor direction and are in the wrong funds.

As a consequence, these investors are throwing away tens of thousands of dollars of potential retirement savings.

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