News

Nest-egg laying KiwiSaver to have its wings clipped

Wednesday 11th of May 2011

Both Key and Finance Minister Bill English have said changes are to be announced for the scheme as the Government attempts to rein in the budget deficit, with media speculation suggesting the Government may cut the member tax credit or abolish the $1,000 kickstart payment.

For Hassan, whatever form the changes take, they will invariably damage the scheme's effectiveness as a long term sa...

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