Political backing, transparency and awareness are seen as the key factors to KiwiSaver's long-term success
Political backing, transparency and awareness are seen as the key factors to KiwiSaver's long-term success
11 September 2019
The Financial Services Council has released a discussion paper aimed at getting New Zealanders talking about the scheme - which it estimates will be worth nearly a trillion dollars by 2050.
Council CEO Richard Klipin says its purpose is to inspire debate.
He says ultimately, it's about the kind of lifestyle New Zealanders want to have after they've retired.
Klipin says the paper identifies six key issues that are vital to ensure KiwiSaver is a success - which includes a focus on technology, financial literacy and increased engagement.
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