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Sam Stubbs: Simplicity Director says Kiwisaver fund growth shows the industry is still growing, people are saving

Sam Stubbs: Simplicity Director says Kiwisaver fund growth shows the industry is still growing, people are saving

Early Edition with Ryan Bridge · Newstalk ZB

October 3, 20224m 57s

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Show Notes

Kiwisaver funds seem to be doing well, despite increasingly nervous times.

According to the Financial Markets Authority, managed Kiwisaver funds have grown by 10 percent in the year to March.

Simplicity Managing Director Sam Stubbs told Roman Travers it shows the industry is still growing and people are still saving.

He says, if the product does well in tough times like this, it gives people confidence.

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Topics

BusinessKiwisaver