Monthly Archives: October 2017

New Zealand Superannuation

The new Government led by Prime Minister Jacinda Ardern , has announced that the age of entitlement for NZ Superannuation will remain 65 years. While coalition partner NZ First has always been consistent to that position, Labours own history has been contradictory and confusing. The shortly to be released Kaspanz Members newsletter, will detail those contradictions, asking the question “Who can you Trust”!

Meanwhile our own Guru on NZ Superannuation Michael Littlewood makes these comments

http://www.nzcpr.com/retirement-income-policies-what-we-know-and-what-we-dont/

Annuities and Retirement Savings

Martin Hawes article links to Kiwi Saver provider Simplicity Funds  announcing a Kiwi Saver first, a new fund designed to help people make their Kiwi Saver savings last throughout the retirement.

It’s in tandem with Life time Income, and guarantees to pay members an after tax income of at least 5% of their savings, per year, for the rest of their lives.

http://www.lifetimeincome.co.nz/news/news/2017/october/martin-hawes-looking-after-your-money-when-youve-retired

Posted by Alec Waugh. Acknowledge Life time Income for article