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.

LISTEN ABOVE

KiwiSaver is undergoing some reforms, and former Mercury head Fraser Whineray is hoping to make it more competitive with Australia.&nbsp;
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.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Fraser Whineray: KiwiSaver expert on the new changes set to kick in this week

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6b369c02-2ac7-4402-bd64-b41d007726d5/transcript