John Horner: Financial Markets Authority director on KiwiSaver funds breaking $100 billion mark
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KiwiSaver investments have broken the $100 billion mark. The Financial Markets Authority's report for the year to March 31st reveals funds reached $111.8 billion - jumping 19 percent from the previous year. Member contributions have risen to $11.2 billion and returns are strong at $13.1 billion. Financial Markets Authority director John Horner says this shows numbers are bouncing back following a previous downturn. LISTEN ABOVESee omnystudio.com/listener for privacy information.
