DAVID CHAPLIN: Done too much, much too young - KiwiSaver's teen angst

David Chaplin
Wed, 20 May 2020

David Chaplin
Wed, 20 May 2020
The luck had to run out some time. And in 2020, at the appropriate age of 13, the charmed run has ended for KiwiSaver. Caught in the covid-19 crossfire, KiwiSaver members have taken a big hit to the bottom-line this year as viciously volatile markets wiped out months of gains in a matter of days. But that’s not really the problem. In fact, KiwiSaver as whole came through the March quarter in reasonable shape given the circumstances. According to figures from research house Morningstar, the KiwiSaver market (or the 90 per cent of...
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