Early Edition with Kate Hawkesby

Financial hardship thanks to lockdown means more people are trying to get their Kiwisaver funds out earlier.  Budgeting advisers say there's been a 25 to 40 per cent increase in the number of payouts being approved.  That means an increase in rejected applications that they don't quite meet the hardship standard -  and this is proving tough for some to hear.  Financial Services Complaints CEO, Susan Taylor told Kate Hawkesby they have noticed increased demand for their services."We’ve had about a five to ten percent increase, just in the last few months, which we see as a bit of a trend happening.” LISTEN ABOVESee omnystudio.com/listener for privacy information.