Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Retirement Commissioner Appointed

· Retirement Commissioner and Periodic Report Group appointed
·
· Diana Crossan has been appointed Retirement Commissioner, replacing Colin Blair who is retiring from the role.
·
· Ms Crossan’s appointment was announced today by Social Services and Employment Minister Steve Maharey, along with the announcement of a Periodic Report Group who will advise the government on New Zealand’s retirement income policy.
·
· Steve Maharey said Diana Crossan has the range of skills necessary for the challenging role of Retirement Commissioner.
·
· “Diana Crossan has a stong background in the savings industry. She has held senior management positions in investment, savings and insurance organisations. She also has experience developing innovative marketing projects and securing commerical support for them.
·
· “In addition, she has a good understanding of the issues facing Maori, Pacific peoples and women with regard to saving. These are priority issues for the Retirement Commissioner.
·
· “The Retirement Commissioner’s role is likely to expand in the future to encompass monitoring and advising government on retirement village issues. The present functions include monitoring retirement income policies and promoting voluntary retirement savings by New Zealanders. Under the terms of the Retirement Income Act, Ms Crossan is being appointed until the next periodic report is presented to Parliament (due by 31 December 2003).
·
· “I want to place on record the thanks of the government to Colin Blair. He has served in this role for many years and has earned the respect of the industry and political parties alike. With innovative campaigns like the www.sorted.org.nz website, Colin Blair and his team have managed the extraordinary feat of lowering the average age of New Zealanders actively considering retirement issues from those in their 40s and 50s, to those in their 30s and below,” Steve Maharey said.
·
· . . / 2 Periodic Report Group
·
· The government is also appointing Vance Arkinstall (chair), Lynn Middleton and Owen Nash to provide the next periodic report on retirement income policies. They will be assisted by the Retirement Commissioner, the Secretary to the Treasury, the Chief Executive of the Ministry of Social Development and the Commissioner of Inland Revenue, or their delegates. The Retirement Income Act 1993 requires that a Periodic Reporting Group be established at 6 yearly intervals to prepare a report on the retirement income policies of the New Zealand government.
·
· Steve Maharey said the next Periodic Report is due by 31 December 2003.
·
· “Government retirement income policies have been the subject of considerable public and Parliamentary debate in recent years, culminating in the present government’s decision to restore the value of superannuation following the 1999 general election and the establishment of the New Zealand Superannuation Fund to guarantee provision at this level in the future.
·
· “Accordingly I have asked the Periodic Report Group to focus on ways to improve private provision for retirement income. Particular issues include: how savings for retirement are affected by saving for other purposes during a person’s working life; the specific issues faced by women, Maori and Pacific peoples when contemplating making private provision for retirement income; and how government policy affects the decisions New Zealanders make about private retirement income savings,” Steve Maharey said.
·

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Whether This Election Is Already A Foregone Conclusion

Currently, this election looks like being a no contest. The weekend’s Newshub poll has the centre left enjoying a roughly 57-36% lead over the centre right. Labour is on 50.1% and the Greens 6.5%, while National remains in the dreaded 20s at 29.6% and the Act Party is on 6.3%. Conditions continue to look terminal for New Zealand First. Despite being a stubborn brake on government tax policy and winning a few policy gains of its own, NZF is registering only a 1.9% level of support... More>>

 

Economy: Business Leaders’ Confidence Tanks As Top Kiwi CEOs Vent Their Frustrations

The New Zealand Herald’s Mood of the Boardroom 2020 Election Survey has been released with top business leaders saying New Zealand’s Covid-19 recovery is in peril – and they want a decisive role with Government in the country’s future. The annual ... More>>

ALSO:


Poll: Newshub-Reid Research Poll Shows National Rising But Labour Still Governing Alone

With less than three weeks to go, Labour remains in a position where it could govern alone in the latest Newshub-Reid Research poll* on 50.1% - down 10.8 percentage points. National has risen slightly to 29.6% (up 4.5 percentage points), but even with the ... More>>

ALSO:

Winston Peters Speech: The Gathering Storm Clouds: Ihumatao

Frequently around New Zealand you hear people say that politicians are all the same. It’s a convenient way to dismiss any careful investigation of the truth of that statement. New Zealand First since its inception has been committed to ‘one law ... More>>

ALSO:

National Agriculture Policy: Will Restore Farmer Confidence And Pride

A National Government will reduce regulatory burden and give farmers confidence for the future. Leader of the National Party Judith Collins and Agriculture spokesperson David Bennett announced National’s Agriculture policy in Gisborne today. “Agriculture ... More>>

ALSO:

Government: Taking Action To Reduce Waste And Plastics

Phase out single use and hard to recycle plastics by 2025 Create a $50m Plastics Innovation Fund to develop alternatives Standardise kerbside recycling The Labour Party is taking the next step in removing plastic rubbish from our oceans and environment ... More>>

Gordon Campbell: On Last Night’s Leaders Debate

Do political debates change voter intentions, and cause voters to switch sides? According to a 2019 Harvard Business School study conducted across 61 elections in nine countries involving 172,000 respondents, the answer would seem to be a resounding ... More>>

ALSO:

Dunne Speaks: The Election Campaign Just Grinds Slowly On And On

With just over three weeks until the General Election, the release of the first major pre-election opinion poll this week confirmed what was already being reported about this year’s campaign. Although the gap between Labour and National has narrowed ... More>>

Electoral Commission: Candidate And Party Lists Released

17 registered political parties and 677 candidates will be contesting the 2020 General Election Nominations have now closed and the Electoral Commission has released the electorate and party list candidates for 2020 online at vote.nz . Advance voting ... More>>

National: Plan To Restore NZ’s Prosperity

National’s Economic and Fiscal Plan carefully balances the need to invest in infrastructure and core public services while also reducing tax pressure on Kiwi families and businesses. National Leader Judith Collins and Finance spokesperson Paul Goldsmith unveiled National’s ... More>>

ALSO:


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels