KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards
- Written by Aaron Gilbert, Professor of Finance, Auckland University of Technology
New Zealand’s superannuation is no longer enough to live on for the country’s retirees. Research has found people need hundreds of thousands in savings to live a comfortable life after work.
But the KiwiSaver scheme, introduced in 2007 to encourage New Zealanders to build their retirement savings, continues to be a political football....