KiwiSaver: maturing well?

Authors

  • Alison O’Connell

DOI:

https://doi.org/10.26686/pq.v21i3.9936

Keywords:

KiwiSaver, decumulation, drawdown, retirement income

Abstract

KiwiSaver was the world’s first national auto-enrolment savings scheme. It quickly became the prime vehicle for retirement saving in New Zealand. Questions over the level of participation, the number of members not contributing, and access to funds before retirement have largely been answered. Concerns now focus on whether and how KiwiSaver can provide sufficient retirement income as a supplement to New Zealand Superannuation. A greater focus on target outcomes and post-retirement planning is now needed for KiwiSaver to reach full maturity. Above all, there should be a more coherent solution for people asking, ‘How much should I save?’

Downloads

Download data is not yet available.

Author Biography

Alison O’Connell

Alison O’Connell is a researcher on longevity and retirement income with a special interest in the decumulation phase of life. She is a member of the Retirement Income Interest Group of the New Zealand Society of Actuaries, and is also a non-executive director in the insurance sector. She writes at longlifepensions.com.

Downloads

Published

2025-08-26

Issue

Vol. 21 No. 3 (2025): Special Issue: Retirement Income Policy

Section

Articles

License

Permission: In the interest of promoting debate and wider dissemination, the IGPS encourages use of all or part of the articles appearing in PQ, where there is no element of commercial gain. Appropriate acknowledgement of both author and source should be made in all cases. The IGPS retains copyright. Please direct requests for permission to reprint articles from this publication to igps@vuw.ac.nz.