News release24 October 2013
The Financial Markets Authority (FMA) says assets invested in KiwiSaver have passed $16.5 billion, up nearly $4 billion, or 30 percent, on last year.
The figures were released today in FMA’s KiwiSaver Report for the year ended 30 June 2013.
As at 31 March 2013 the number of KiwiSaver members had also increased, up nearly 10 percent, to 2.09 million.
FMA CEO Sean Hughes said KiwiSaver has come a long way from its introduction...