Kirk Hope: Financial Services Council Chief Executive backs National's Kiwisaver overhaul

The Financial Services Council is backing National’s KiwiSaver overhaul, saying it’ll boost long-term savings. Plans include lifting contribution rates to 12%, making the scheme compulsory, and enrolling Kiwis at birth with a $1500 kickstart — plus extending support for parents and over-65s. Financial Services Council Chief Executive Kirk Hope joins Kerre Woodham to discuss the changes, and the effect it will have on Kiwis going forward.  LISTEN ABOVESee omnystudio.com/listener for privacy information.