Changes to KiwiSaver could be on the way, but one provider says more needs to be done.

Retirement Commissioner Jane Wrightson says New Zealanders' balances are too low.

She wants the minimum contrition to rise by one percent, alongside employers' contributions.

But Simplicity Founder Sam Stubbs told Mike Hosking that the Government should be doing more to encourage retirement savings.

He says as long as it's not compulsory, those who need it the most won't use it.

LISTEN ABOVE

Changes to KiwiSaver could be on the way, but one provider says more needs to be done. 
Retirement Commissioner Jane Wrightson says New Zealanders' balances are too low. 
She wants the minimum contrition to rise by one percent, alongside employers' contributions. 
But Simplicity Founder Sam Stubbs told Mike Hosking that the Government should be doing more to encourage retirement savings. 
He says as long as it's not compulsory, those who need it the most won't use it.  
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Sam Stubbs: Simplicity Founder says more needs to be done to increase KiwiSaver balances

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/fe74220f-b9d2-4d10-8e16-b18e01558a20/transcript