KiwiSaver A comparison with the Australian superannuation system
By: Dr David Knox BA PhD FIAA, Senior Actuarial Consultant
In 2023, New Zealand marks 17 years of KiwiSaver. As it reaches the end of its second decade, how does it compare with its trans-Tasman counterpart, the compulsory Australian superannuation system? It’s clear there are some things the New Zealand system is doing well on an international scale. But the system must future-proof itself for an ageing population to ensure a thriving economy and quality of life for ageing Kiwis.