Robertson targets missing million in upcoming KiwiSaver review

Sun, 19 Aug 2018

By Paul McBeth Aug. 20 (BusinessDesk) - Finance Minister Grant Robertson says next year's review of the KiwiSaver default providers will look at ways to attract the remaining million Kiwis not in the state-sponsored scheme, but he's reluctant to make it compulsory. A bill currently before Parliament would add two new contribution rates and let people 65 and older join the scheme. The government will also use next year's review of the default providers, who are automatically allocated new KiwiSaver members, to assess what can be done to s...

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