Young boost KiwiSaver numbers

The number of New Zealanders enrolled in KiwiSaver has reached 750,000, nearly triple the Government's early projections for the scheme.

KiwiSaver - which reached its first birthday on July 1 - was initially expected to have 270,000 members after one year.

On July 24, the scheme had 753,576 members. Nearly one in three members had joined the scheme before the age of 25.