Published

National party leader Christopher Luxon, came to office, stating he would adopt an evidence-based approach to issues. He is not applying that approach to the age of entitlement to Superannuation, with all the evidence saying this is an excellent scheme, very sound public policy, internationally recognized as a top-quality scheme, and one of the cheapest and most effective retirement policy platforms in the OECD. Longevity trends are now starting to reduce (recent UK and Australian research), Obesity, and chronic illness on the increase, and he needs to read line by line the Retirement Commissioners 2022 report on why 65  must remain. Right wing parties are never friends to the retirement consumer, usually cutting and reducing levels, so the wealthy can further benefit.

 

Alec Waugh: Chairman, Kiwi Saver, Annuities and New Zealand  Superannuation Protection Society