Compulsory KiwiSaver: how it will hurt business and top earners

Compulsory superannuation, if there is a change of government, holds big costs for the country’s top executives and businesses.

Labour goes in to Election 2014 with a repeat of its 2011 policy of making KiwiSaver compulsory for all employees – and for employees on top salaries this will have a cashflow bite well into the thousands of dollars each year.

 

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