Market volatility concerns for Kiwis

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NEW ZEALAND - New Zealanders who rushed to join the KiwiSaver scheme may find recent market volatility hard to cope with, the country's retirement commissioner Diana Crossan has warned.

Speaking to Global Pensions, Crossan said it was unfortunate the credit crisis had coincided with the introduction of the work-based savings scheme last year. She said: "People are nervous. Kiwi...

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