In the KiwiSaver departure lounge

Young people are leaving KiwiSaver, but not everybody is abandoning ship by plane. (Image: Getty)

Tue, 07 Oct 2025

Young people are leaving KiwiSaver in droves, or probably scooters and airplanes, according to new Inland Revenue Department data.The Inland Revenue Department (IRD) annual KiwiSaver statistics show the number of members in all age cohorts below age 35 went backwards for the first time ever during the 12 months to June 30 this year.Since the 2015/16 reporting year, the number of under-18s has, of course, been on the slide after the then National government finance minister, Bill English, cut the all-age $1,000 “kickstart”, removing...

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