Study sheds light on KiwiSaver 'don't knows'

Posted by Tiffany Xu in Kiwisaver, Retirement, Savings on

The latest Commission for Financial Capability (CFFC) survey for the World Investor Week, highlights 28% of those surveyed did not know whether their fund was in the conservative, balanced or growth categories. This equates to an estimated 800,000 KiwiSaver members.

Further to this, the survey also suggested that 10% were unaware of the annual Member Tax Credit (Government Contribution) of $521.43 that some member's may potentially be eligible for.

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