Category Archive for: ‘New Zealand’

Are vested interests preventing true pension reform?

Report after report lands on my desk calling for major reform of the pension landscape.  Great play is made of the longevity figures, which show that the current system is unsustainable and that disruptive thinking is needed to solve this crisis. One thing they have in common is that people need to take control of …

Kiwis show how to deliver using auto enrolment

Returning to last week’s subject of compulsory pension savings versus auto-enrolment, there is one great example of how a country can increase savings without having to resort to full compulsion. That example is New Zealand, which has cleverly designed an approach which takes its populations’ lifestyle into consideration and therefore is very appealing to the …