The Investor 15 December 2009
Do KiwiSaver — but not to the max. At a recent KiwiSaver seminar I was surprised to find that many employee members were still contributing 4 per cent of their pay, rather than the 2 per cent permissible since April 1 this year. And an AMP survey confirms that is not unusual. “Few have reduced their contribution, though indicating in February they intended to,” says AMP.