17 Sep 2025

Should KiwiSaver be split 50:50 when you get divorced?

From Nine To Noon, 9:05 am on 17 September 2025
Divorce flat isometric vector concept. Man and a woman are dragging their half of the sawn house.

Photo: 123RF

Automatically splitting Kiwisaver 50-50 in separation agreements, is one of the suggestions being put forward in a new report looking at how to fix the gender gap in retirement savings.

The research has been compiled by consultancy firm, MartinJenkins, to support a Retirement Commission's Review of Retirement Income Policies.

It says men's KiwiSaver balances are on average 25% higher than women's and the gap gets more significant with age.

By the time women reach age 56 - 65, the gap widens to 37% gap.

The report says the disparity is not all down to the pay gap, and identifies six stages of life where intervention could make a significant difference.

Retirement Commissioner Jane Wrightson talks about the ways the disparities could be resolved.

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