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 ABOVE

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 ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

John Horner: Financial Markets Authority director on KiwiSaver funds breaking $100 billion mark

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6b8916b6-9b37-43c1-8507-b1f5007ca6ad/transcript

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