Page last updated: 16 July 2025

Research

Increased risk profile of KiwiSaver funds 2021-2024
We have observed a dramatic increase in the overall risk categorisation of KiwiSaver funds in recent years. This paper describes the observed increase ...
Good Cents: New research on New Zealanders, savings and debt
Good Cents: Kiwis on Savings and Debt is research issued by the FMA. It looks into New Zealanders' attitudes and behaviours towards savings, debt redu ...
Consumer Confidence Factsheet 2025
A nationwide Consumer Confidence Survey was commissioned by the FMA in 2024, with the aim of gaining a better understanding of New Zealanders’ exper ...
​Key takeaways from the CrowdStrike event survey​
In October 2024, the FMA conducted a survey to see how well financial service providers were prepared for and responded to the CrowdStrike incident.
Consumer Confidence Survey Report
This report is the result of our inaugural Consumer Confidence Survey which asks consumers about their experiences with their financial services provi ...
Market Cleanliness in the New Zealand Equity Market
This research report examines the cleanliness of the New Zealand equity market since 2004.
Ease of Doing Business Survey
This research helps us to better understand the impact that our work has on market participants and stakeholders. It informs the way we work and our f ...
Commercial Real Estate and the Managed Funds Industry Research
Research from the FMA has found most KiwiSaver providers are well placed to manage their exposure to the commercial real estate market.
Understanding Artificial Intelligence in Financial Services Research
This report looks at current and future use of artificial intelligence (AI) within the financial services sector.