A recent report reveals that 96% of eligible 16- and 17-year-old KiwiSaver members haven't contributed enough of their own money to qualify for the government's contribution, which is designed to encourage savings from a young age. This highlights a significant gap in participation and engagement with the KiwiSaver scheme, suggesting many young people aren't taking full advantage of the government's efforts to promote long-term financial planning. The implications are concerning as it may lead to a generation with less financial preparedness and savings, which could impact their future economic stability and the broader economy.