Last week Finance Minister Nicola Willis announced the Government was forecast to make its first withdrawal from the NZ Super Fund in 2028, five years earlier than expected. With the fund expected to only cover about twenty percent of future Superannuation costs, the Government is looking at ways of growing the amount of money people save through KiwiSaver.
Professor of Finance at Auckland University of Technology Aaron Gilbert spoke to Emile Donovan to break it all down.
Every parent wants their kid to be financially secure. The problem is they have no idea how to achieve it Photo: @heyjasperai