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.
Reviewing NZ Retirement Income Policies
NZ Super works well, but increasing longevity puts Kiwis’ retirement savings at risk.
A tale of two mortality decades
This post updates data for New Zealand. It shows how much the rate of improvement in mortality has slowed in the years 2010-2018 compared to 2000-2010.