Investor confidence plummeted in the initial response to the Covid-19 pandemic, and the economic fallout is about to start showing up on KiwiSaver statements.
For the first time, KiwiSaver members will be able to see a projection of how much they might have in their account by the time they reach 65 - and what that means as a weekly amount in retirement.
It might come as a shock to some, as the covid crisis starts to bite.
Martin Hawes is chair of the Summer KiwiSaver Investment Committee
