Can you use KiwiSaver to repay debt?
Tina’s KiwiSaver supervisor declined her application to withdraw funds to repay debt
Topic: Kiwisaver
Locked in losses: KiwiSaver and the pandemic-panic
Janet locks in her KiwiSaver losses following the sharp, pandemic-led, market downturn in early 2020.
Declined KiwiSaver significant financial hardship withdrawal
Scheme supervisor declined a KiwiSaver significant financial hardship withdrawal for the cost of orthodontic treatment.
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?
Significant financial hardship application goes missing
What happens if your significant financial hardship application gets lost in the process?
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?
KiwiSaver withdrawal amount is $18,000 less than expected
Jorge receives $18,000 less than he expected when withdrawing his KiwiSaver balance, and complains to FSCL
Family debt difficulties
Will a KiwiSaver trustee release money to pay a debt owed to your mum?
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?
What’s the significance of my partner’s funds?
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.
