Leighton Roberts: Sharesies Co-CEO on National's Kiwisaver policy

from Early Edition with Ryan Bridge · host Newstalk ZB

Investing platform, Sharesies, isn't a fan of National's new Kiwisaver policy. National's pledging to let under-30s dip into their fund for a tenancy bond. Money would transfer directly from their savings to Tenancy Services, returned at the end, or transferred to the next rental arrangement. Sharesies Co-Chief Executive, Leighton Roberts, told Kate Hawkesby that Kiwisaver's main goal is to save for retirement, and secondary purpose is for first-home buying. He says at the moment we aren't achieving good outcomes on either, so adding additional factors that could compromise either isn't the right move. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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This episode was published on July 17, 2023.

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