Photo: RNZ / Samuel Rillstone

National's announcement that it would push up contribution rates for KiwiSaver to a total 12 percent is a good step - but there is a major flaw that needs fixing first, one KiwiSaver provider says.

Prime Minister and National leader Christopher Luxon said on Sunday that if it was re-elected next year, the party would gradually increase KiwiSaver contributions to match the Australian 12 percent rate by 2032, with 6 percent contributions from both employers and employees.

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