Changes to KiwiSaver — more contribution choices, 65-plusers welcomed, action needed!

  • April 1 changes: new contribution rates, shorter contributions holidays, new names
  • July 1 changes: over 65s can join, 5-year lock-in ends
  • Action now!: 60–64-year-olds should join fast, everyone should get $1042 into their account
  • Should you contribute more to KiwiSaver?

Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a bestselling author on personal finance. From 2011 to 2019 she was a founding director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.