INDEPENDENT NEWS

Views sought on future retirement income policy

Published: Wed 3 Mar 2010 03:05 PM
Views sought on future retirement income policy
Now is the time to have your say if you’ve got a view on what the government needs to consider for future retirement income policy.
The Retirement Commission is asking for input into its retirement income policy review which it produces for the government every three years.
Retirement Commissioner Diana Crossan says the government is interested in the developments and emerging trends relating to retirement income provision since the 2007 review.
The terms of reference for the review cover three main topics. They are:
• Consideration of the interaction of retirement income policy with policies on housing, long term care and health, as well as data requirements for reliably forecasting and modelling.
• Discussion of the products financial services are or could be providing, including KiwiSaver, and an analysis of what further might be done to enhance markets and consumer trust in this sector.
• Address the wellbeing of the current and future retired population, including particular population groups such as women, and discuss the role that communities and government can play. This should also cover how the financial crisis might affect the adequacy of retirement income provisions for individuals at various life stages.
Diana Crossan says these are important issues particularly given the economic downturn and significance of our ageing population.
For more information go to www.retirementorg.nz/review10-submissions
Submissions close 5pm, 30 April 2010.
ENDS

Next in New Zealand politics

Concerns Conveyed To China Over Cyber Activity
By: New Zealand Government
GDP Decline Reinforces Government’s Fiscal Plan
By: New Zealand Government
New Zealand Provides Further Humanitarian Support To Gaza And The West Bank
By: New Zealand Government
High Court Judge Appointed
By: New Zealand Government
Parliamentary Network Breached By The PRC
By: New Zealand Government
Tax Cuts Now Even More Irresponsible
By: New Zealand Labour Party
View as: DESKTOP | MOBILE © Scoop Media