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Should KiwiSaver be compulsory?

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Photo / New Zealand Magazines
Photo / New Zealand Magazines

The Government's Savings Work Group this morning recommended changes to KiwiSaver.

It stopped short of compulsion, and recommended a resumption of NZ Superannuation Fund contributions and new banking sector regulations to prevent another damaging housing boom.

The group, set up last year to address New Zealand's savings and debt problems, has released its final report, including a series of recommendations that were signalled in its interim findings late last year.

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