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KiwiSaver savings are your money – but not yours to spend yet

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?

To catch a fraudster

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?

Outside the box

What happens when your application to withdraw funds from your KiwiSaver on the grounds of significant financial hardship does not meet the usual criteria?