News | Politics
1 Apr 2020 14:30
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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


     Other Politics News
     01 Apr: A plea from the Finance Minister for Kiwis waiting for a response to their wage subsidy application
     01 Apr: Inland Revenue has apologised for the confusion caused by a letter sent to Working for Families customers implying their payments would be stopped
     01 Apr: The lockdown is fuelling noise complaints in Christchurch
     01 Apr: A keen eye's being put on construction to build up the economy
     31 Mar: The Earthquake Commission's disappointed a tiff with an insurance company has progressed to the courts
     30 Mar: India's coronavirus measures prompt beatings and forced push-ups. Travellers say they're scared to leave hotel rooms
     30 Mar: Countdown says a lack of price specials is down to stock levels, and efficiency
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby are laying down a defensive scrum to ward off the impact of covid-19 More...


    BUSINESS BUSINESS
    A plea from the Finance Minister for Kiwis waiting for a response to their wage subsidy application More...



     Today's News

    International:
    Coronavirus update: US predicts up to 240,000 deaths even with social distancing, Spain and UK suffer record daily tolls, Vladimir Putin met infected doctor 14:17

    International:
    Coronavirus won't allow Donald Trump to cancel the US 2020 election. But it's already changed the presidential campaign 14:17

    Entertainment:
    Katherine Jenkins says it "it was an instinct" to step in and save a pensioner from being mugged 14:15

    Technology:
    Ibuprofen, furry friends and a COVID-19 vaccine. Coronavirus misinformation, debunked 14:07

    Business:
    A plea from the Finance Minister for Kiwis waiting for a response to their wage subsidy application 14:07

    Sailing:
    Team Ineos's America's Cup campaign is on hold as it hunkers down during the coronavirus pandemic in the UK 13:47

    Entertainment:
    Kieran Hayler has revealed his and Katie Price's divorce will be finalised in a matter of weeks 13:45

    Soccer:
    The continuation of the Belarusian Premier League has been described as "frankly not comprehendible" by the world football players union 13:27

    Entertainment:
    Joe Diffie has died just days after revealing he had contracted coronavirus 13:15

    Motoring:
    Anti-lock braking Systems are now compulsory on motorbikes 13:07


     News Search






    Power Search


    © 2020 New Zealand City Ltd