Media Release

19 January 2012

ANZ calls for a change to KiwiSaver to defuse $14 billion savings time bomb

ANZ New Zealand is calling for a change to the terms and conditions that govern the default KiwiSaver provider schemes to prevent a potential $14 billion retirement savings time bomb, as savers continue to be enrolled in conservative funds through the default scheme investment options.
Research by ANZ Wealth and OnePath - the country