Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Bipartisan approach to KiwiSaver called for

Thursday, August 4, 2011

Bipartisan approach to KiwiSaver called for

Employers would support a bipartisan approach to KiwiSaver if changes are deemed necessary to increase New Zealand's savings, the Employers & Manufacturers Association says.

"Given that certainty is an important principle in any retirement policy a bipartisan approach to the scheme would be very helpful," said David Lowe, EMA's Employment Services Manager.

"As it is we're finding the constant fiddling with KiwiSaver by politicians is a significant cause for employer concern.

"The feedback from employers, who are responsible for a large chunk of the scheme's administration as well as paying in employer contributions, is that changes are disruptive and come at a cost to business.

"Plus, the feedback from employees who have not joined KiwiSaver suggests the policy chopping and changing is a factor in putting them off joining the scheme."

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.