More KiwiSaver hardship withdrawals as markets and cost of living bites
A KiwiSaver provider says more people are asking about dipping into their KiwiSaver due to hardship - as the cost of living and market volatility bites. Figures from Inland Revenue show last month almost 5000 kiwis withdrew $41.2 million due to financial hardship up from $37 million in February 2025. That was before the war in Iran caused the fuel prices to skyrocket and rattled the financial market. Generate KiwiSaver's Head of investment, Greg Smith spoke to Lisa Owen.
Checkpoint · RNZ
March 27, 20266m 18s
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Show Notes
A KiwiSaver provider says more people are asking about dipping into their KiwiSaver due to hardship - as the cost of living and market volatility bites. Figures from Inland Revenue show last month almost 5000 kiwis withdrew $41.2 million due to financial hardship up from $37 million in February 2025. That was before the war in Iran caused the fuel prices to skyrocket and rattled the financial market. Generate KiwiSaver's Head of investment, Greg Smith spoke to Lisa Owen.
Topics
moneyKiwisaver