KiwiSaver Members Face Penalties Amid Delays in Hardship Withdrawal Approvals

An RNZ survey reveals that some KiwiSaver providers are taking weeks to process hardship withdrawal applications, even after all necessary data is supplied. This delay is causing members to incur mounting penalties.

2 May, 21:33 — 2 May, 21:33

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rnzHigh124d ago

Penalties mount while KiwiSaver members wait for hardship withdrawal approval

An RNZ survey shows some providers are taking weeks to process applications, once all the relevant data is supplied.

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KiwiSaver Members Face Penalties Amid Delays in Hardship Withdrawal Approvals

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Penalties mount while KiwiSaver members wait for hardship withdrawal approval

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