KiwiSaver – far better than Lotto

Thu, 05 Nov 2020

KiwiSaver has been a huge success as far as New Zealand investors are concerned. Since mid-2007, when contributions began, members have supplied $29 billion to the scheme and these funds are now worth an estimated $82.4 billion, including withdrawals.Thus, scheme members have experienced a wealth increase of $53.2 billion, or 184 percent, in just over 13 years through a combination of investment returns and Crown and employer contributions. This is a fantastic return for a voluntary scheme that now has 3,068,690 members, far more th...

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