Fraser Whineray: KiwiSaver expert on the new changes set to kick in this week
KiwiSaver is undergoing some reforms, and former Mercury head Fraser Whineray is hoping to make it more competitive with Australia.
The new changes are set to kick in this week, with the default contribution rate for both employees and employers rising from 3 percent to 3.5 percent.
Whineray explained how these changes will benefit Kiwis in the long run.
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