Compulsory Super?
The SST reports: Kiwis could soon be made to save for their old age, with compulsory savings back on the political agenda. The government will put compulsory retirement savings on the table as part of...
View ArticleLabour’s wage reduction policy
The other part of Labour’s policy is to make KiwiSaver compulsory and lift the employer contribution from 3% to 7%. This is dumb for two reasons. First of all it removes all flexibility and choice for...
View ArticleCullen on KiwiSaver and superannuation
Vernon Small reports: The architect of KiwiSaver, former finance minister Sir Michael Cullen, is proposing a revamp of the scheme to help cut the long-term costs of superannuation to the Government....
View ArticleThe Press rejects KiwiSaver compulsion
The Press editorial: The Labour Party yesterday announced that if it were to win the next election it would seek to change that. It would make KiwiSaver compulsory for all employees aged between 18 and...
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