KiwiSaver providers hope for political accord
KiwiSaver providers are hoping this is the year that politicians can work together on a better future for the retirement savings scheme.
It is shaping up to be an election issue.
National has promised to increase contribution rates to 6% for both employees and employers if it is returned to government. In his State of the Nation speech in Auckland yesterday he named KiwiSaver as one of National's key election planks going into this year's election.
NZ First has proposed a 10% contribution rate and to make the scheme compulsory, offset with tax cuts.
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