In some countries, life expectancy improvements are now not just slowing down, but for some groups within national populations, stalling and even going backwards. This post confirms New Zealand has fared better than Australia, and both are in a better position than Great Britain (GB).
Superannuation is not just a cost problem. We should recognise that people hold strong views on the social value of retirement income and want stability, not reform.
A change of government means the age of eligibility for New Zealand’s public pension will stay at 65. Meanwhile, the UK hastens its state pension age increase to 68.