Monday, May 6, 2024
HomeSavings & Money NewsKiwi workers to miss out on $521 in their savings each year

Kiwi workers to miss out on $521 in their savings each year

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WELLINGTON (CU)_The Minister of Commerce and Consumer Affairs of New Zealand, David Clark, recently revealed that he had ordered a review of KiwiSaver, the voluntary savings scheme set up by the government to help Kiwis save up for their retirement. However, a public record already exists of what the minister had ordered Ministry of Business, Innovation and Employment (MBIE) officials to look into. 

In a letter addressed to Retirement Commissioner Jane Wrightson, Clark said that…

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