John MacDonald: The KiwiSaver divide that needs sorting
I think it would be very easy to push-back on Retirement Commissioner Jane Wrightson’s call for changes to the KiwiSaver scheme to make it easier for self-employed people to save for their retirement.
But I’m not going to.
She wants to see changes because people who work for themselves are contributing nowhere near as much as employees —partly because they don’t get the benefit of an employer making contributions— and she says that could mean they end up living in poverty when they retire.
A tax expert agrees, saying a retirement savings scheme must work for all…
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