Kōura calls for couples to share KiwiSaver contributions

Women often stop contributing when they take time out to raise children. (Image: Getty)

Thu, 29 Sep 2022

Boutique KiwiSaver firm Kōura Wealth has launched a petition asking the New Zealand government to allow couples to share contributions to the retirement scheme.Kōura hopes a contribution-sharing scheme would help close the gender gap in KiwiSaver by allowing a working parent to contribute to a stay-at-home parent’s retirement fund.A Retirement Commission report prepared by Melville Jessup Weaver found the average KiwiSaver balance for a woman was 20% lower than for a man – at $27,061 and $32,553, respectively.The gap was widest betw...

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