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What market turmoil means for your KiwiSaver

Author
Newstalk ZB,
Publish Date
Tue, 10 Mar 2020, 7:48PM
Photo / Getty
Photo / Getty

What market turmoil means for your KiwiSaver

Author
Newstalk ZB,
Publish Date
Tue, 10 Mar 2020, 7:48PM

If you've had a look at your bank account recently, you might have noticed your KiwiSaver's taken a bit of a hit.

With markets around the world down and Russia and Iran in a stand-off over the price of oil, global investments have taken a nasty hit.

But is it time to panic? Sam Stubbs, managing director at KiwiSaver provider Simplicity, joined Heather du Plessis-Allan to discuss what the turmoil means for your investments.

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