Last week I had the pleasure of chairing a two-day Superannuation Summit in Wellington. The following is a summary of the key points which came up during the meeting. These are based on my closing comments.
National is looking closely at developments across the Tasman as a pointer to superannuation and savings policy.
At least one senior economist, Reserve Bank governor Alan Bollard, does not expect large numbers going for KiwiSaver.
Finance minister Michael Cullen has – again – poured cold water on the idea of compulsory savings.