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KiwiSaver default providers will retain the conservative investment approach because that is the most appropriate choice when the Government is taking decisions about other people’s private savings, Finance Minister Bill English and Commerce Minister Craig Foss say.
The ministers today announced a raft of decisions about KiwiSaver default provider arrangements following a comprehensive review which was agreed when KiwiSaver was launched in 2007.
- Craig Foss
- Bill English
- Finance
- Commerce