NZ is being included in this year’s survey.
Dr Rodney Maddock
Professor, Monash Business School, Monash University
Professor and Vice Chancellor’s Fellow, Victoria University
Non-Executive Director, CEDA
This survey did not include New Zealand, and when querying this, no response received from the number of questions put to Mercer.
Posted 21 July 2017
Michael Cullen always has a view. Perhaps if scheme was compulsory it would need a government guarantee and with a range of contribution rates!.
This article from “Life time Income” covers a variety of issues, the absence of an assessment of the qualities’ of the models in place e.g. NZ Super/Kiwi Saver perhaps detracting from the overall survey results. If Australia received a B plus in the Mercer results (NZ not included) NZ may well have topped the poll
Kaspanz shares the concern. Kiwi Saver was not designed to facilitate home ownership, its a retirement income scheme. The argument home ownership facilitates retirement options has validity, but is this the best instrument to address housing issues!
Posted by Alec Waugh
Rob Stock commentary, adds to the issue. The NZ Herald is currently featuring Kiwi Saver history and possible future developments, watch this space for some of that material
Posted Alec Waugh