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All current KiwiSaver data, including monthly data, is available in an Excel download located on the Datasets for KiwiSaver statistics page. Annual data is due to be uploaded by 30 September.

Datasets for KiwiSaver statistics

Number of KiwiSaver closed accounts

This graph shows the number of KiwiSaver accounts that have been closed by reason.

 This graph has 11 stacked vertical bars. The vertical axis shows the number of KiwiSaver members who have closed their KiwiSaver accounts. The horizontal axis represents data from June 2013 to June 2023.  

This graph has 11 stacked vertical bars. The vertical axis shows the number of KiwiSaver members who have closed their KiwiSaver accounts. The horizontal axis represents data from June 2013 to June 2023.

The ‘other’ reason for closing primarily covers:

  • invalid enrolment: customer has not met the KiwiSaver eligibility rules
  • incorrect enrolment: customer meets eligibility rules but has been incorrectly enrolled
  • transfer to an Australian scheme.

As at June 2023:

  • 502,986 members have closed their accounts, up from 113,621 in June 2013
  • 94,273 members have closed their accounts due to death, up from 32,663 in June 2013
  • 71,792 members have closed their accounts due to permanent emigration, up from 39,339 in June 2013
  • 12,846 members have closed their accounts due to serious illness, up from 995 in 2013
  • 90,201 members have closed their account for other reasons, up from 14,916 in 2013.

Notes:

  • From April 2020 KiwiSaver information is reported from a new system.
  • All figures are as at September 2023.
Last updated: 29 Sep 2023
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