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KASPANZ

The age of eligibility for NZ Superannuation

Alec Waugh is the chairman of the Consumer organisation known as Kaspanz (Kiwi Saver, Annuities, New Zealand Superannuation Protection Association Incorporated). He chairs U3A Takapuna Finance and Investment Group.  He has a Master of Public Policy and Bachelor Degree in New Zealand History.  He retired as a Police Superintendent in 2006 after 38 years of…
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Shortly Kaspanz members will get their next Newsletter No 13). To show what new readers are missing, here was the previous newsletter .

  KASPANZ MEMBERS NEWSHEET 12: 2018    Kiwi saver | Annuity | Superannuation | Protection Association of NZ.     HOMES ARE MORE AFFORDABLE There continues to be a large number of media articles talking about the “housing crisis” and people being tenants for life. I’m sure that the people saying that home ownership is unachievable…
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The Case against raising NZ Superannuation age of entitlement

This 2017 article is a timely reminder re both the substance and complexity of New Zealand Superannuation. Contains some excellent references,  and always be aware of the single issue commentator and those who adopt crisis rhetoric on the topic. Here is hoping the Retirement Commissioner is developing an extensive body of knowledge on the topic…
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Family funds: Are the kids spending yours!

Are your kids holding you back from your retirement savings plans? (+ Special Offer)   From the Grownups website:Posted by Alec Waugh

Kiwi Saver Fees. Even the industry experts appear not to know and fudge their opinion. Get them all down below 1%

The Aussies are up in arms about their fees. New Zealand  Fund managers generally charge more than their Tasman counterparts. Go figure! https://www.stuff.co.nz/business/104882934/youre-paying-up-to-40000-for-kiwisaver-what-do-you-get  

Living on NZ Superannuation

The editor has been in Aussie for 3 weeks, all the headlines  there about Gender differences re Superannuation savings, excessive  fee’s managed investments , and the banking system creaming everyone,  Digesting all that information,  and next Kaspanz  newsletter will contain some of that information. Back home noted Robs article https://www.stuff.co.nz/business/money/101797298/living-well-on-nz-super-alone-is-possible?rm=m Posted Alec Waugh 20 June…
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NZ Super:

  Alec Waugh is the chairman of the Consumer organisation known as Kaspanz (Kiwi Saver, Annuities, New Zealand Superannuation Protection Association Incorporated). He chairs U3A Takapuna Finance and Investment Group.  He has a Master of Public Policy and Bachelor Degree in New Zealand History.  He retired as a Police Superintendent in 2006 after 38 years…
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NZ Pension Rates

Here are the 2015 Rates Here are the 2014 rates from the University of Auckland Business School 2014

Pension injustice

Overseas Pensions. Policy review required The Herald article, by Susan St John and Claire Dale highlighting the injustice of foreign pensioned spouses pensions being docked, just because they are married to a New Zealander, indicates how useful the KASPANZ site is in bringing pension matters into the open. http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11295201

CEO PAY: WE HAVE ALL BEEN MANIPULATED AND CONNED. IT’S TIME TO SPEAK OUT

Posted by Alec Waugh Something different to kick start July winter discussion CEO PAY: WE HAVE ALL BEEN MANIPULATED AND CONNED. IT’S TIME TO SPEAK OUT The Swiss have recently been debating through a referendum that CEO salaries should be pegged to a maximum of 12 times the company’s lowest-paid worker. Known as the 1.12…
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