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Aaron GilbertThe Conversation |
Minimum KiwiSaver contributions rise from today for employees and employers. That’s necessary, but the scheme’s design is working against many savers.
The cumulative return on a typical KiwiSaver growth fund since 2007 is around 240%. That’s despite a global financial crisis, COVID, trade wars and...
Asking people to find extra money to lock away in KiwiSaver during a cost-of-living crunch risks pushing them in the opposite direction.
KiwiSaver balances remain shockingly low, and constant changes risk undermining faith in a system that is already failing future retirees.
Since its creation, the KiwiSaver scheme has faced multiple tweaks. But the government’s latest proposed changes risk the system’s transparency...