
Bernard Hickey: Fix our Super stitch-up
Imagine the outrage if it were discovered that more than 80,000 Kiwis were receiving incomes of $6b a year, but were also receiving a benefit, writes Bernard Hickey.
Imagine the outrage if it were discovered that more than 80,000 Kiwis were receiving incomes of $6b a year, but were also receiving a benefit, writes Bernard Hickey.
New Zealanders will need as much as $200,000 in savings to augment NZ Super payments and provide a comfortable old age.
You've saved all your life and have a tidy nest egg. Now it's all downhill. How long will that capital last and how can you eke it out?
Peter Dunne deserves credit for suggesting an incentive to take state superannuation later in life. His proposal could solve a number of problems.
"Peter Dunne has dunne it again. Like his floundering Income Sharing Bill, Flexi-Super looks like a solution to something - but to what?" asks Susan St John.
Prime Minister John Key has his head in the sand with his block on raising the retirement age and is more interested in clinging to power.
Whether you own your own or rent can have a big impact on the kind of lifestyle you have in retirement, says Massey University.
Statistics NZ said yesterday that the population aged 65-plus had doubled since the early 1980s to 635,200 and was likely to double again by 2040.
More than one in three people signed up to KiwiSaver don't know how much money they have in their retirement savings account.
Three NZX-listed retirement businesses are in a big growth phase, with more than 1000 new units planned.
Bernard Hickey asks how should New Zealand save for its retirement? This simple question gets more complicated the more you think about it.
Most major KiwiSaver providers say they are ready to start accepting transtasman super transfers but their Aussie counterparts aren't playing ball.
The FMA is preparing to take action against two unnamed KiwiSaver issuers for making misleading statements in their offer documents.
The number of people signing up to KiwiSaver surged by more than 21,000 last month - the most it has grown by in a single month in over 18 months.
A retirement village has been criticised after a resident lay dead in his flat for two weeks before a neighbour queried why she hadn't heard his flute playing.
Many New Zealanders are failing to their knowledge of money matters into action, according to a survey.
Enthusiastic cook has turned his hobby into a business venture.
One in five pensioners is still in paid employment - a figure fuelled by finance company collapses, divorce and the cost of living, experts say.
I've always found the language of Trade Me a little disingenuous. For instance, instead of 'buying stuff' you 'win auctions', writes David Chaplin.