The Retirement Commissioner Jane Wrightson talks to Philip Macalister about changes she would like to see made to KiwiSaver.
Jane Wrightson says it is time for a KiwiSaver review but the government doesn’t seem that interested in making changes.
The government doesn’t see it as a burning issue, she told Good Returns TV. Also KiwiSaver is not in the coalition agreement so it’s not likely to get a lot of attention.
The commission has recently released a comprehensive report on KiwiSaver which should be used to get the ball rolling.
Further complicating the issue is numerous government departments, and therefore ministries are involved in KiwiSaver including the Minister of Finance, Minister of Revenue and Minister of Commerce and Consumer Affairs.
She says industry voices “need to be stronger and more unified and more persuasive” to effect change.
At the start of her term as Retirement Commission Wrightson was in favour of compulsion but now she has changed her tune.
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