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Month: June 2014

KASPANZ

News from Retirement Commisioner

About us Financial literacy Retirement income policy Retirement villages Research & reports News & media Latest news from Diane Maxwell, Retirement Commissioner Read whole newsletter here

Workers want to retire before 60.

The Randstad Group is an international recruitment and HR company, with their New Zealand arm reporting the tension between what people want and those advocating retirement ages post 65yrs. Less than a 3rd of respondents happy to work past 64 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11246352

? The Future

With “advisors” encouraging people to re-mortgage their houses and pay off the loan with their Kiwisaver when it matures, is this the future even for those who belong to Kiwisaver? Stephen Wealthall

Susan St John/Alec Waugh Views

Contribution: Susan St John’s original articles and rejoinder, and Alec Waugh’s comments from Kaspanz, all indicate that the debate about retirement income can be broken down into specific components that can be analysed. This approach, rather than the simplistic global statements of many politicians and instant experts, is to be applauded. It does not matter…
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Susan St John’s Rejoinder

Submitted on 2014/06/08 at 7:04 pm Great article thanks Alec. For someone who despairs that the lack of interest in these issues it is refreshing to see you starting the debate. The RPRC have updated the 2013 figures on labour market participation for 65+ group and it is clear that many more people are staying in…
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Susan St John articles. Kaspanz comment!

Susan St John recent series of articles made interesting reading. As usual her scholarship is sound but please Susan doesn’t join the prophets of doom circus. We know that 40% of current receipt ants of New Zealand Superannuation have no other income, and the next 20% limited additional income. Very few seniors moving into the…
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Susan St John Finale

An annuity, based on the private incomes of old, would help the young stretch their KiwiSaver into old age Posted by Alec Waugh