ZB ZB
Sport
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

'Beneficial over time': Financial Services Council backs National's Kiwisaver overhaul

Author
Newstalk ZB,
Publish Date
Mon, 22 Jun 2026, 1:02pm
Photo / Getty Images.
Photo / Getty Images.

The Financial Services Council is backing National’s KiwiSaver overhaul, saying it’ll boost long-term savings.

Plans include lifting contribution rates to 12%, making the scheme compulsory, and enrolling Kiwis at birth with a $1500 kickstart — plus extending support for parents and over-65s.

Financial Services Council Chief Executive Kirk Hope joins Kerre Woodham to discuss the changes, and the effect it will have on Kiwis going forward. 

LISTEN ABOVE

Take your Radio, Podcasts and Music with you