Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Financial Services Council welcomes changes to NZ Super

Media release

8 March 2017

Financial Services Council welcomes changes to New Zealand Superannuation

The Financial Services Council (FSC) today welcomes the New Zealand Superannuation changes proposed by Prime Minister Bill English. “The package of changes announced on Monday is good policy,” says FSC Chief Executive Officer, Richard Klipin.

“Amongst a number of proposed changes, extending the retirement age from 65 to 67 years of age by 2040 for NZ Super makes sense, as does the requirement for a residency from 10 years to 20 years,” says Mr Klipin.

Demographic changes combined with advances in healthcare and medical technology means that our life expectancy is getting longer and so is retirement. The Government has signalled that it is prepared to address these key issues that go to the heart of health and wellbeing in retirement and has now opened up the debate in the run up to the September election.

“These are tough issues to manage,” says Mr Klipin. “The nature of work, health and retirement are major issues facing governments and policy makers across the globe. Getting policy settings right, increasing financial literacy, and helping people make quality decisions about savings, investments and lifestyle in retirement are key for the New Zealand community.

“We look forward to contributing to this debate in the lead up to the election and beyond,” adds Mr Klipin.

Ends




© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Ko Tātou, Tātou - We Are One: National Remembrance Service March 29

The Remembrance Service, Ko Tātou, Tātou We Are One, will be held in North Hagley Park starting at 10am, jointly led by the city of Christchurch, the Government of New Zealand, Ngāi Tahu and the Muslim community.

The Remembrance Service will be broadcast at simultaneous events in Auckland, Wellington and Dunedin and in regional towns throughout New Zealand, and live streamed for people to view worldwide.

Yusuf/Cat Stevens, Marlon Williams, Maisey Rika, Hollie Smith and Teeks are among the well-known artists who will take to the stage. More>>

Duke Of Cambridge To Visit Christchurch
Prime Minister Jacinda Ardern has welcomed news that the Duke of Cambridge will visit New Zealand on behalf of Her Majesty The Queen to honour the victims of the Christchurch mosques terror attack. The visit will be in late April. More>>

You Are Us/Aroha Nui Benefits Concerts Announced:

Facebook Announces Ban On White Nationalism And Separatism
"Today we’re announcing a ban on praise, support and representation of white nationalism and separatism on Facebook and Instagram, which we’ll start enforcing next week. It’s clear that these concepts are deeply linked to organized hate groups and have no place on our services." More>>

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK
For the Latest: Scoop Search - Christchurch
 

Record River Levels: West Coast Flooding

"Significant rain" has fallen overnight in the Westland District after flooding washed away Waiho Bridge and slips closed roads. The body of a woman has been recovered in Arahura Valley. More>>

ALSO:

PM's Post-Cab 25/3/19: Royal Commission On Mosque Attacks

Prime Minister Jacinda Ardern began by announcing cabinet's decision that the inquiry into the events leading up to the 15 March attacks at mosques in Christchurch would be a Royal Commission... Ms Ardern also announced a long-expect trip to China. More>>

ALSO:

"Grabbed And Struck In The Face": Greens Co-Leader Attacked While Walking To Work

Green Party co-leader James Shaw was the victim of an unprovoked attack when he was walking to work in Wellington. More>>

ALSO:

████████ ████ ███: Latest OIA Statistics Released

The latest statistics cover 110 agencies that collectively completed 18,106 official information requests between July and December 2018, a 16.4% increase on the 15,551 requests for the previous six months. More>>

ALSO:

Gordon Campbell: On The School Climate Strike

Locally, the school strike has won a ton of support for bringing climate change to the fore. Yet the strikers don't want mere expressions of support. They want action. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels