A National MP is backing a bill to allow foster parents to open KiwiSaver accounts for the kids they are looking after.
Currently, the only way an account can be set up is via the chief executive of Oranga Tamariki.
Not-for-profit KiwiSaver scheme simplicity founder Sam Stubbs told Tim Dower it is crazy how foster kids cannot open KiwiSaver accounts.
"If you think about their lives, if they had money in the bank who knows what adult could try and get hold of the money, a KiwiSaver account would keep it safe.
LISTEN ABOVE AS SAM STUBBS SPEAKS TOÂ TIM DOWER
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