KiwiSaver

Kiwisaver scheme fails to address savings problem

Thursday 19th of May 2005
The KiwiSaver Scheme announced by the Government today fails to address the real savings problem, says Spicers Wealth Management’s chief economic adviser Rozanna Wozniak.

“Although the KiwiSaver Scheme is described as primarily a retirement savings package, it would be more accurately called a first home buyer’s scheme with a retirement savings option tagged on.”

“Ther...

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