Retirement Commission research shows less than half of self-employed New Zealanders are contributing to Kiwisaver, and of that amount only 60 percent are contributing enough to get the annual top up from government.
The research, released today in conjunction with sole trader finance platform Hnry, reports almost half of sole traders say they don't earn enough to be able to put money aside for retirement.
Retirement Commissioner Jane Wrightson says the growing disparity between the self-employed and other workers, needs to be addressed urgently.
The report findings will help inform the recommendations the Retirement Commission will make to the Government as part of the 2025 Review of Retirement Income Policies, due to be completed before December.
Kathryn speaks to Hnry chief executive is James Fuller.
