Have your say on Super and KiwiSaver

Submissions are now open on the government’s Review of Retirement Income Policies, including questions around Superannuation and KiwiSaver.

The process is being run by the Commission for Financial Capability as the office of the Retirement Commissioner. The Review is held every three years and makes recommendations to government on how policy could be improved to ensure New Zealanders continue to have a good standard of living as they age, both now and in the future.

The terms of reference for the 2019 Review ask the Retirement Commissioner to report on the public’s perception of the purpose and principles of Superannuation, whether the country can continue to afford it under its current settings and the impact of retirement policies on current and future generations.

Regarding KiwiSaver, CFFC has been asked to report on the public’s perception of ethical investing and fees, and the effect on KiwiSaver and Super of the changing nature of work, declining rates of home ownership and the increasing number of people working past 65.