A new evaluation of the KiwiSaver scheme has been released revealing almost 1.2 million New Zealanders are now signed up.
Revenue Minister Peter Dunne is applauding the uptake saying it shows how well the scheme is being embraced by the public.
He is heartened at the sign up of young adults - those aged 19 to their mid 20s - saying it's good to see them saving for their future.
Since it was established $4.25 billion has been paid into KiwiSaver, $2.1 billion of that in the last financial year.
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