KiwiSaver

Analysis

1. KiwiSaver is a trend in New Zealand that refers to a voluntary savings scheme designed to help residents save for their retirement. Participants contribute a percentage of their income to their KiwiSaver account, which is managed by various investment providers.

2. KiwiSaver might be trending due to increased awareness and interest in retirement savings and financial planning among New Zealanders. Factors such as economic uncertainty, changing demographics, and government incentives to encourage KiwiSaver participation could also contribute to its popularity.

3. KiwiSaver was introduced in 2007 by the New Zealand government as a way to address the issue of inadequate retirement savings. Over the years, it has become a significant part of the country's retirement planning landscape, with over 3 million members enrolled in the scheme. The flexibility offered by KiwiSaver, such as the ability to use funds for first-home purchases or assistance with education costs, has also made it appealing to a wide range of individuals.