How can you know your KiwiSaver money is safe?

Posted by Generate in Kiwisaver, Retirement, Savings on

New Zealand KiwiSaver balances are growing.

If you've got an increasingly sizeable chunk sitting in your account, you might wonder how safe that money is.

Part of that licensing process requires fund managers to have client money held by a third party.

"The assets of all the KiwiSaver schemes are held in trust, meaning the assets are not directly owned by the provider itself," Mulholand said.

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