Half-steam ahead: KiwiSaver flows slow as retail funds track higher

Total KiwiSaver funds under management were up again in the quarter ending March 31, the sixth consecutive quarter of growth for the retirement savings regime. (Image: Getty)

David Chaplin

Wed, 04 Jun 2025

KiwiSaver chugged through another financial year to arrive at March 31 about 11.5% ahead of its April 1, 2024, departure point, according to the latest Reserve Bank of New Zealand quarterly fund-spotting report.Fuelled by the usual mix of mandated contributions and investment performance, the retirement savings regime clocked in a faster growth rate than the almost 11% recorded by the broader managed funds market as measured by the RBNZ.“Total funds under management increased by 1.2% to $328.2b for the quarter ending 31st March 2025, the...

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