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.
Why are life expectancy gains stalling?
Is a slowdown of life expectancy gains really something to worry about, or is it only to be anticipated now that lives are so long?