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KiwiSaver

Fidelity KiwiSaver sale rumoured

Thursday 4th of July 2013

“You shouldn’t listen to rumours,” a spokesman said.

It has been reported that a deal was done on Tuesday between the two businesses.

Fidelity Life has $244 million in KiwiSaver FUM and bought the Tower life insurance business in May.

It already has links to Grosvenor via TriMax, a life insurance joint venture.

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