News

KiwiSaver gender gap concerns

Tuesday 12th of February 2013

The gender difference was highlighted recently when Westpac revealed female members of its KiwiSaver scheme had smaller balances on average than men of the same age, with a discrepancy of 25%-30% between mid-30s and mid-40s. 

Westpac said the difference was probably due to three factors: Women choosing lower contribution rates than men; lower average wages for women; and/or career b...

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