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2008 media releases

KiwiSaver report released
23 October 2008

A KiwiSaver report, which looks at the first twelve months of the programme, is available on the Inland Revenue website at www.ird.govt.nz/aboutir/reports/research/report-ks/

This report follows a six-monthly report released in March. It analyses Inland Revenue’s KiwiSaver administrative data gathered over the course of the year to June 30, 2008. It also includes findings from interviews with 34 employers and a small number of their employees, provisional results from interviews and survey research with scheme providers, and results from earlier surveys into KiwiSaver awareness and auto-enrolment.

KiwiSaver evaluation is a joint project between Inland Revenue, the Ministry of Economic Development and Housing New Zealand. Inland Revenue has prepared this annual report.

The KiwiSaver evaluation project is being conducted over six years, and has five main objectives. They are to assess the implementation and delivery of KiwiSaver, to determine whether the features of KiwiSaver are generating expected outcomes, to assess the scale and pattern of take-up, to determine the impact on savings habits and asset accumulation of individuals, and to assess the impact on financial markets and the superannuation industry.

The extent to which KiwiSaver impacts on overall savings levels is a long-term question, and analysis into this topic will begin from 2009/10.

For further information:
Adrienne Perry
(04) 890 1698
(029) 890 1698
adrienne.perry@ird.govt.nz

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Corporate Affairs
Inland Revenue

To make a media query:
Phone 04 890 1698 or email mediaqueries@ird.govt.nz
Please note, the email address is only for enquiries from the news media. It is monitored during normal business hours 8am - 5pm Monday to Friday.

P O Box 2198
Wellington 6140
New Zealand


Date published: 22 Oct 2008

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