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It's less survival of the fittest, and more like survival of the strictest - savers instead of spenders.
The National Party's Kiwisaver policy announcement has surprised some, but after nearly 20 years of low Kiwisaver uptake, the logic of a compulsory retirement savings scheme is inescapable.
Andy Milne of Christian Savings unpacks some historical context and the impact of an ageing population on future retirement funds if Kiwsaver continues to be voluntary.
Support Rhema: https://donate.rhemamedia.co.nz/?brand=rhema&utm_source=omnystudio&utm_medium=link
See omnystudio.com/listener for privacy information.
By Rhema MediaIt's less survival of the fittest, and more like survival of the strictest - savers instead of spenders.
The National Party's Kiwisaver policy announcement has surprised some, but after nearly 20 years of low Kiwisaver uptake, the logic of a compulsory retirement savings scheme is inescapable.
Andy Milne of Christian Savings unpacks some historical context and the impact of an ageing population on future retirement funds if Kiwsaver continues to be voluntary.
Support Rhema: https://donate.rhemamedia.co.nz/?brand=rhema&utm_source=omnystudio&utm_medium=link
See omnystudio.com/listener for privacy information.