In the Retirement Commissioner’s 2019 Review the highlighted message was “NZ Super is good value“. Recommendations followed three themes: (a) retain and complement the public pension, New Zealand Superannuation; (b) improve the stewardship of retirement income policies; and, (c) improve KiwiSaver, the main private retirement savings product.
Retirement
Reviewing NZ Retirement Income Policies
NZ Super works well, but increasing longevity puts Kiwis’ retirement savings at risk.
Rules of Thumb for decumulation or draw down
A simple tool to get people thinking about how to take money from retirement savings – a new approach from New Zealand.
longlifepensions.com 