KiwiSaver

ASFONZ unimpressed by Kiwisaver initiative

Monday 23rd of May 2005
The Association of Superannuation Funds of New Zealand (ASFONZ) says that the announcements on workplace saving in this year’s Budget are unlikely to help New Zealand or New Zealanders as a whole.

ASFONZ says that the proposed scheme might result in a modest increase in New Zealanders’ savings in the short-term but could just as easily have unintended consequences and redu...

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