KiwiSaver members could miss out on $3.5 billion in retirement
Amidst the economic turmoil caused by the coronavirus pandemic, falling KiwiSaver balances may be a nerve-wracking sight for KiwiSaver members. An estimated 50,000 New Zealanders panic moved into more conservative KiwiSaver funds in an attempt to minimise potential further losses on their KiwiSaver account. Here’s why panic switching your KiwiSaver fund type may lead to […]