This article was published on 7 October 2021. Some information may be out of date.

Doing KiwiSaver badly

  • Not joining. Employees and non-employees.
  • Not contributing.
  • Switching too often or unwisely — good and bad switches
  • Over 65s not using KS.
  • Providers doing KS badly — not cutting fees much.
  • Good news: Money in KiwiSaver doubled in 4 years.
  • World Investor Week — info for new investors on FMA website.

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Mary Holm, ONZM, is a freelance journalist, a seminar presenter and a bestselling author on personal finance. She is a director of Financial Services Complaints Ltd (FSCL) and a former 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. Send questions to [email protected] or click here. Letters should not exceed 200 words. We won’t publish your name. Please provide a (preferably daytime) phone number. Unfortunately, Mary cannot answer all questions, correspond directly with readers, or give financial advice.