John Horner: Financial Markets Authority director on KiwiSaver funds breaking $100 billion mark
Heather du Plessis-Allan Drive · Newstalk ZB
September 24, 20244m 35s
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Show Notes
KiwiSaver investments have broken the $100 billion mark.
The Financial Markets Authority's report for the year to March 31st reveals funds reached $111.8 billion - jumping 19 percent from the previous year.
Member contributions have risen to $11.2 billion and returns are strong at $13.1 billion.
Financial Markets Authority director John Horner says this shows numbers are bouncing back following a previous downturn.
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Topics
businessmoneyeconomyKiwiSaver