Is KiwiSaver improving household saving?

KiwiSaver has enjoyed huge success since it began in 2007, far exceeding participation expectations and quickly becoming an important part of New Zealand.  However, a new report by the University of Auckland's Retirement Policy and Research Centre casts some doubt on the scheme, suggesting it has done very little to improve household savings and support the New Zealand economy.

KiwiSaver has enjoyed huge success since it began in 2007, far exceeding participation expectations and quickly becoming an important part of New Zealand.  However, a new report by the University of Auckland’s Retirement Policy and Research Centre casts some doubt on the scheme, suggesting it has done very little to improve household savings and support the New Zealand economy.

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