A new survey has revealed a majority of people think contributing to KiwiSaver should be compulsory.

Data from financial advice firm National Capital shows 62 percent of Kiwis are in favour of mandatory KiwiSaver contributions.

Director Clive Fernandes says younger people in particular are getting more financially savvy and learning the importance of saving.

"We've done quite well in the last few years in financial education, especially with the young ones. I think financial education and financial advice is not reaching the people who most need it, and that's the middle group."

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