What KiwiSaver changes do managers agree on?

KiwiSaver providers are united in their view that KiwiSaver should not be subject to political cycles.

John Berry, founder of Pathfinder, said a cross-party, long-term plan for retirement savings was top of his KiwiSaver wishlist.

“We’re lifting the savings rate from 3% plus 3% to 3.5% plus 3.5% to 4% plus 4%.  If we want to get to where Australia are, which is 12% from the employer, that could be six plus six in New Zealand, but how are we going to do that?

“That should be something that's got cross-party support… a 10-year plan that is supported by everyone as a good idea for increasing savings over the long term.”