On the trail of the missing KiwiSavers

11 Jul

The 10-year anniversary of KiwiSaver takes place next month, and still the mystery of the missing KiwiSavers remains unsolved.

KiwiSaver launched on 1 July 2007 in the optimistic period before the Global Financial Crisis shook the world.

It was to be the super scheme that got New Zealand saving, and Labour’s back door way of giving Kiwis a tax cut, without them rushing out to spend it on property or consumer goods.

But at the end of June last year, 43 per cent of KiwiSavers weren’t making regular contributions.

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Pamela Solatan

On the trail of the missing KiwiSavers

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Certus Financial Group