Finsia says that 57% believe "that more incentives are needed to be built into KiwiSaver to meet the aim of improving the New Zealand saving rate and provide capital for future investment."
Meanwhile, while 23% believe KiwiSaver is sufficient and 20% believe KiwiSaver is ill-equipped to have any significant impact on national savings.
Other findings from the poll are more positive.
"Finsia supports the notion of a default contribution savings scheme in the New Zealand market to further boost retirement savings. Finsia also supports policies that create a strong and productive economy with a “deeper capital base”. This is crucial for ensuring longer-term financial security for New Zealanders."
The on-line poll of 61 members of the Financial Services Institute of Australia (Finsia) was conducted between May 25 and 30 by Roy Morgan.
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