Hon KRIS FAAFOI (Minister of Commerce and Consumer Affairs): The Government aims to improve returns for people who have their KiwiSaver in what is called a default fund. We are doing this by moving from the current conservative investment mandate to a balanced investment mandate. Over the decades that people save in KiwiSaver, this has the potential to add tens of thousands of dollars to their KiwiSaver balances in order for them to better provide for themselves at retirement. We're also introducing new obligations on default fund providers to engage with their members to help them make more informed decisions about their retirement savings so they can have the best settings to suit them.