Kiwis' retirement savings confidence falls ANZ

Wed, 15 Aug 2012

By Hannah Lynch Aug. 15 (BusinessDesk) - Kiwis aren't confident they will reach their retirement saving goals, according to the ANZ's retirement savings confidence barometer. New Zealander's retirement confidence fell 5 percent in August to 56 percent, compared to the ANZ April survey. "The deepening debt crisis in Europe and prolonged patchy growth in the New Zealand economy have probably contributed to the drop in confidence,” John Body, managing director ANZ Wealth and Private Banking said in a statement. A report by the Financial Serv...

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