The $521 contribution is now worth 26 percent less than when it was initially set.
It could make a huge difference when you retire.
Directors are being accused of investing in wine firms using KiwiSaver funds and not revealing conflicts of interest.
One provider was singled out as having wildly varying ethics ratings depending on the fund.
"Who knows what's going to happen next?"
The cost-of-living crisis saw a decrease in KiwiSaver contributions last year.
Analysis by the charity showed investment in harmful products fell by about $800 million in the six months ended September 2023, to $7.9 billion.
The number of financial hardship withdrawals is trending upwards month-on-month.
"People are seeing it as an easy way out, it's just kicking the can down the road and the problem is going to be there in another 13 weeks."
It found 69 percent of women do not feel financially prepared for retirement.
"The fact that these numbers have been increasing does suggest there is real stress out there for some households."
The amount of money withdrawn due to financial hardship has doubled compared to last year.
New data has revealed the top and worst performing KiwiSaver funds.
It comes after oil prices rose by around $4 a barrel, or about 5 percent on the first day of the conflict.
Business Desk’s editor gives three simple tips that require minimal effort to save money.
But it's not for every investor - here's why.
There is a simple fix.
National is promising to allow KiwiSavers to invest in more than one provider if elected.
Experts have weighed in on the new policy.
"Unfortunately, if we don't save now, our future selves will find it even more difficult."
Under the proposal, couples could agree to split a mutually agreed amount of either partner's KiwiSaver contribution on a yearly basis for a specific period.
Here's what we now know.
One government ministry even recommended against it the plan.
A Newshub investigation has revealed inconsistencies in who can access money for medical conditions.
The backlash to the proposal led to a backdown.
The proposal was scrapped after a brutal uproar from opposition parties, Kiwis and industry leaders.
"We back the decisions that we made."
"The biggest concern we have is the erosion of confidence that will now occur for millions of Kiwis."
Labour dropped plans to charge GST on KiwiSaver fees after an immediate backlash.
"It's funny because I know Mr Bishop actually loves social media also, so it's quite interesting that he wants to have a go."
