Annuities and Retirement Savings

Martin Hawes article links to Kiwi Saver provider Simplicity Funds  announcing a Kiwi Saver first, a new fund designed to help people make their Kiwi Saver savings last throughout the retirement.

It’s in tandem with Life time Income, and guarantees to pay members an after tax income of at least 5% of their savings, per year, for the rest of their lives.

Posted by Alec Waugh. Acknowledge Life time Income for article

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