Leighton Roberts: Sharesies Co-CEO on National's Kiwisaver policy
Early Edition with Ryan Bridge · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
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 ABOVE
See omnystudio.com/listener for privacy information.