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29 Mar 2020 6:33
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  •   Home > News > Politics

    A key KiwiSaver figure who oversees hardship claims is playing down the significance of last year's record number of claims

    A key KiwiSaver figure who oversees hardship claims is playing down the significance of last year's record number of claims


    New Zealanders took more than 109-million-dollars out of their KiwiSaver accounts last year.

    Mark Jephson, chief executive of KiwiSaver trustee company Perpetual Guardian, says it's only a small representation of the scheme.

    He says there are more than three-million people with KiwiSaver accounts.

    Jephson says the scheme's success means it will reflect economic and social trends from time to time.

    © 2020 Newstalk ZB, NZCity


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