KiwiSaver in private and public: Why side-pockets are out

The decision to reject most of the proposed changes was not explicitly mentioned in the official Beehive release. (Image: Getty Images)

David Chaplin

Tue, 04 Nov 2025

After almost nine months of dithering/careful contemplation, the Government quietly shelved proposed measures to possibly boost KiwiSaver investments in private assets.The decision to reject most of what were largely technical tweaks to KiwiSaver rules was not explicitly mentioned in the official Beehive release that also heralded the claw-back in climate reporting rules.Instead, Commerce Minister Scott Simpson talked up the proposal the Government did wave through that will see private asset holdings explicitly mentioned in KiwiSaver and other...

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