Kiwisaver funds seem to be doing well, despite increasingly nervous times.

According to the Financial Markets Authority, managed Kiwisaver funds have grown by 10 percent in the year to March.

Simplicity Managing Director Sam Stubbs told Roman Travers it shows the industry is still growing and people are still saving.

He says, if the product does well in tough times like this, it gives people confidence.

LISTEN ABOVE

Kiwisaver funds seem to be doing well, despite increasingly nervous times.
According to the Financial Markets Authority, managed Kiwisaver funds have grown by 10 percent in the year to March.
Simplicity Managing Director Sam Stubbs told Roman Travers it shows the industry is still growing and people are still saving.
He says, if the product does well in tough times like this, it gives people confidence.
LISTEN ABOVE

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A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.