Why replicate the services of the private sector?

Why are the Greens seeking to replicate a perfectly adequate, low risk solution provided by the private sector?

Adding to the default KiwiSaver providers offering conservative funds with a single government fund is nuts.

Let the private sector manage peoples funds. Don’t bother setting up a new government department or expanding an existing one to shut down a service provided by private enterprise.

The hoary old chestnut that we need a New Zealand state owned provider is crazy talk when the government already has a massive super fund that is professionally managed.

Let the private companies work KiwiSaver, and stop the state competing with the private sector in markets that the state is ill equipped to understand.

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