News

Fri Nov 28

Lifting Kiwisaver contributions to 12% makes sense – when the whole scheme is fixed

Written by Aaron Gilbert, Professor of Finance, Auckland University of Technology

Lynn Grieveson/ Newsroom via Getty Images

On the face of it, the National Party’s proposal to lift KiwiSaver contributions to 12% over the next six years sounds reasonable.

There’s broad agreement that contributions are too low, and even the planned increase to 4% in 2028 won’t get most people close to the widely cited “70%...

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