News

Costly KiwiSaver missing its target

Monday 19th of December 2011

The report, which used data from a national survey of 825 people by market research firm Colmar Brunton for the IRD, assessed whether KiwiSaver had helped its target population, defined as "those who would not otherwise have saved enough to maintain their standard of living in retirement."

It found a high amount of "leakage", with the proportion of KiwiSaver members outside the target po...

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