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Investment
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KiwiSaver and the annuity angle

On the Money: Could retirees be forced to use their nest egg as an annuity?

Last month we looked at the new initiative by MBIE (Ministry of Business, Innovation and Employment) requiring KiwiSaver providers to forecast what terminal sum each of their customers will receive from their KiwiSaver account when they retire at age 65, given their current level of contributions

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Brent Sheather Sun, 23 Aug 2020
Contact the Writer: brent@cpam.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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KiwiSaver and the annuity angle
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