KASPANZ

From Alec Waugh

At the recent Auckland Business School Seminar “Does the UK’s reform of pensions have lessons for NZ, I was approached by Bob Stevens, who told me Kaspanz needed to be stronger on Overseas Pension reform in relation to NZ Superannuation.

Kaspanz strongly supports a review of the current formula and approach adopted, specifically Section 70 of the Social Securities Act.

This opinion piece by Michael Little wood sums up the issue, and hopefully assists Bob Stevens to realise Kaspanz wants the issue addressed

OPINION: New Zealanders are entitled to New Zealand Superannuation from age 65 if they have lived here for at least 10 years after age 20, with five of those years being after age 50. Continue reading Overseas Pension →

UK House of Lords Report Summary – READY FOR AGING:DON’T REINVENT THE WHEEL I have found this report – a … More READY FOR AGING:DON’T REINVENT THE WHEEL →

Kaspanz Chair’s (Alec Waugh’s) Report on Meeting

An audience at the Auckland Business School on 23 September 2013 were enthralled listening to Dr Alison “Connell talking about the evolving United Kingdom Pension system and the transformation from a messy and complicated system to a much more simplistic one, a change adopting similarities to the New Zealand model? Continue reading YES – the UK’S reform of pensions have lessons for New Zealand →

Consumer Price index records changes in the price of consumer goods, brought by New Zealand households, giving a measure of inflation An independent advisory committee has endorsed the practices used to compile the consumers price index (CPI) and has recommended ways the CPI can be further enhanced.

On July 10 Statistics NZ published the Report of the Consumers Price Index Advisory Committee 2013 which includes the committee’s 16 recommendations:-  Continue reading 2013 CPI Review Committe Report →

OUR PRESIDENT’S (Alec Waugh) VIEW

How much is enough?  An Australian group “Association of Superannuation funds” said a comfortable retirement for Australians, was $A56.296 for a couple, and A$41,090 for a single person. Tom Thompson writing in World Investor a New Zealand publication, said a common rule of thumb is retirees need enough to replace 70% of their pre-tax, pre-retirement income. Continue reading How Much Retirement income is Enough? →

Subject: RPRC Forum 23 September: Does the UK’s reform of pensions have lessons for New Zealand?

The Retirement Policy and Research Centre is hosting the forum:

Does the UK’s reform of pensions have lessons for New Zealand?

When: 3pm to 5.30pm, 23 September 2013 Continue reading RPRC Forum 23 September: Does the UK’s reform of pensions have lessons for New Zealand? →

Those who can work longer would enjoy a higher rate of super than those who could not, deepening class lines … More Susan St John’s Comments on ‘Flexisuper’ →

If the New Zealand Herald editorial supports the Flexible NZ Superannuation plan, perhaps be wary? The New Zealand Herald has … More Chair’s Letter re ‘Flexisuper’ →