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flag ANZ report urges reforms to New Zealand's retirement savings system to secure futures for younger generations.

flag A new ANZ report calls for urgent action to improve New Zealand's retirement savings system, highlighting challenges faced by younger generations like Gen Alpha and Gen Z. flag Issues include regional disparities, a gender savings gap, and low contributions from about 40% of members. flag Recommendations include raising the default KiwiSaver contribution rate and retirement age, offering more saving incentives, and enhancing financial literacy. flag The goal is to ensure a secure retirement future for all New Zealanders.

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