Can you use KiwiSaver to repay debt?
Tina’s KiwiSaver supervisor declined her application to withdraw funds to repay debt
Tina’s KiwiSaver supervisor declined her application to withdraw funds to repay debt
Janet locks in her KiwiSaver losses following the sharp, pandemic-led, market downturn in early 2020.
Scheme supervisor declined a KiwiSaver significant financial hardship withdrawal for the cost of orthodontic treatment.
Atsushi wanted to withdraw his $40,000 KiwiSaver balance to pay for a new car, help meet his mortgage payments, and pay for his mother’s travel expenses. His KiwiSaver trustee only released $11,000, saying these weren’t minimum living costs. How much was Atsushi entitled to withdraw?
What happens if your significant financial hardship application gets lost in the process?
Julian’s partner had stolen $50,000 from his KiwiSaver, by forging a series of small withdrawal applications. Should Julian’s KiwiSaver provider have caught the fraud?
Jorge receives $18,000 less than he expected when withdrawing his KiwiSaver balance, and complains to FSCL
Will a KiwiSaver trustee release money to pay a debt owed to your mum?
What happens when your application to withdraw funds from your KiwiSaver on the grounds of significant financial hardship does not meet the usual criteria?
Deborah’s application to withdraw KiwiSaver funds on the grounds of significant financial hardship is declined because of funds in her partner’s bank account.