'Critical for the future of NZ': Why this election could be the 'KiwiSaver elec…

'Critical for the future of NZ': Why this election could be the 'KiwiSaver election' | Stuff.co.nz <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":0,"label":"KiwiSaver facing potential overhaul","summary":"The KiwiSaver scheme may be subject to changes, potentially aligning with Australia's model which has higher retirement savings."},{"timeSeconds":10,"label":"National Party's KiwiSaver proposal","summary":"The National Party has announced a proposal to make KiwiSaver compulsory from birth. This includes a $1500 baby boost and continued employer contributions for those over 65."},{"timeSeconds":27,"label":"Sam Stubbs discusses KiwiSaver","summary":"Sam Stubbs, Managing Director of Simplicity, joins the discussion on the potential changes to KiwiSaver."},{"timeSeconds":34,"label":"Why this is the 'KiwiSaver Election'","summary":"Stubbs explains that this election is being called the 'KiwiSaver election' because parties are now openly discussing its future and potential enhancements."},{"timeSeconds":42,"label":"Labour's stance on KiwiSaver","summary":"While Labour previously had a more reserved approach, they are now expressing strong support for KiwiSaver and are considering how to further develop it."},{"timeSeconds":52,"label":"Compulsory KiwiSaver from birth","summary":"The proposal includes automatically enrolling children into KiwiSaver from birth, with the aim of increasing overall savings for New Zealanders."},{"timeSeconds":104,"label":"Popularity and benefits of KiwiSaver","summary":"KiwiSaver is highly popular, with over 3 million New Zealanders enrolled. It has helped many with first home purchases and hardship withdrawals."},{"timeSeconds":144,"label":"Political consensus on KiwiSaver","summary":"Both major parties, National and Labour, are now aligning on the importance of KiwiSaver, indicating a potential for cross-party support on its future development."}]} <!--/mynz:youtube-chapters-->