Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Financial Services Council welcomes new Labour-led Govt


The Financial Services Council welcomes and congratulates the new Labour-led Government.

“Prime Minister elect Ardern and her team have a strong mandate and a great opportunity to pursue a strong and progressive policy agenda”, said Richard Klipin, CEO of the Financial Services Council.

“NZ Inc is in good hands and the FSC and its members look forward to working with the new Government in progressing the health, wealth, and well-being of the country.

“The election has sent a strong message to our political leaders that New Zealanders want change and for us to do better us a country. It is vital that the new Government rises to the challenge and demonstrates the leadership that is required.

“A major part of this will be addressing the wealth and wellbeing of New Zealand and the growing gap between the haves and the have nots.

“Key to this is action on savings and taking concrete steps to beefing up KiwiSaver so that all New Zealanders can benefit from it

“The last Labour Government showed great leadership in establishing KiwiSaver and we look forward to this new administration carrying on that legacy”, said Mr Klipin.

Research recently released by the FSC shows overwhelming public support for KiwiSaver to be strengthened including more options for how New Zealanders contribute to and access their KiwiSaver schemes.

“On the other side of the wealth debate, we continue to see high levels of under-insurance within New Zealand and we need to restart the national conversation to make sure people are covered when they need it”, said Mr Klipin.

“We know that it is often those that need help most that don’t have it and that needs to change.

“The financial services sector is a key sector for the NZ economy. The FSC thanks the outgoing Government for its work in the sector over the last nine years, and we look forward to working with the new Government to find better ways to grow, protect and manage the wealth of New Zealanders”, Mr Klipin concluded.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: