Kiwi Saver : How to Make It Work For You

Kiwi Saver, the government new workplace savings scheme gets underway on July 1. It’s being heralded as the means by which New Zealanders will finally get serious about saving, and the $1000 inducement to sign up will attract many people. But is it right for everyone What are the issues about being locked into the scheme until you turn 65 Should you join up if you are close to retirement anyway What’s in it for low wage workers who might struggle with the required contributionsW Who better than to navigate through this mire than celebrated financial adviser Mary Holm. Holm is renowned for her practical, independent advice, delivered each week through her much-read Herald and Dominion Post an regional newspaper columns, through her regular television appearance and her seminar engagements. Using a totally independent approach, and taking a hard look at the government's promises, Mary offers readers a sharply focussed analysis of the pros and cons of Kiwi saver, information they can't be without. First published July 2007.