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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

‘Unconscious saving’ proposed to boost retirement nest eggs

Save More Tomorrow trials show savings increased when they came out of wages before the pay packet arrived.

Dita De Boni Wed, 21 Aug 2019

A plan to boost retirement nest eggs by automatically increasing contributions as pay rises is being touted as an answer to New Zealand’s still-low rate of saving.

The plan, which is underpinned by behavioural science and was first devised by Nobel prize-winning US economist Richard Thaler, is

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Dita De Boni Wed, 21 Aug 2019
Contact the Writer: dita@nbr.co.nz
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‘Unconscious saving’ proposed to boost retirement nest eggs
General Business,
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