close
MENU
General Business
3 mins to read

AMP NZ Wealth saw $1.1b in outflows after losing default KiwiSaver status

AMP lost its position as a default KiwiSaver provider last May.

The New Zealand wealth management arm of trans-Tasman financial services company AMP saw net cash outflows of $1.1 billion last year, including $700 million lost after losing its status as a default KiwiSaver provider.

AMP, which delisted from the NZX earlier this month, today reported a net

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Hamish McNicol Thu, 10 Feb 2022
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
AMP NZ Wealth saw $1.1b in outflows after losing default KiwiSaver status
General Business,
90445
true