This article was published on 4 June 2020. Some information may be out of date.

Keep your hands off KiwiSaver in economic downturn!

Commission for Financial Capability survey results

How we could do this better:

  • Sidecar emergency savings fund attached to KiwiSaver
  • More use of to access free financial advice and budgeting help
  • Build up your own emergency fund

No paywalls or ads — just generous people like you. All Kiwis deserve accurate, unbiased financial guidance. So let’s keep it free. Can you help? Every bit makes a difference.

Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a bestselling author on personal finance. From 2011 to 2019 she was a founding director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.