News

KiwiSaver take up rates expected to be higher than forecast

Tuesday 16th of January 2007
Most of the fund managers picked as default providers have done their own analysis on take-up rates. Although no-one is volunteering any figures, they all say the government’s figures of 20-25% in the first five years are definitely on the low side.

The government’s figures were based on the original KiwiSaver proposal, but just before the bill was it threw in two significant add-ons: mortga...

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