John Horner: Financial Markets Authority director on KiwiSaver funds breaking $100 billion mark - Heather du Plessis-Allan Drive

KiwiSaver investments have broken the $100 billion mark.

The Financial Markets Authority's report for the year to March 31st reveals funds reached $111.8 billion - jumping 19 percent from the previous year.

Member contributions have risen to $11.2 billion and returns are strong at $13.1 billion.

Financial Markets Authority director John Horner says this shows numbers are bouncing back following a previous downturn.

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