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New Retirement Commissioner named

Fill-in appointment earns the full time role.

Thursday, June 13th 2013, 9:43PM

The woman appointed to fill in as Retirement Commissioner, Diane Maxwell, has been officially appointed to the role for a three year term.

Maxwell, who was head of public relations at BNZ and more recently head of stakeholder management at the FMA has  been the interim commissioner since March.

Commerce Minister Craig Foss said that during her short stint as interim commissioner, Maxwell had shown strong focus and leadership in financial literacy.

"Maxwell has the skills and experience to work with those most at risk of credit exposure and unnecessarily high levels of debt," he said.

"[She] will build on the commission's work to ensure that financial literacy information is accessible to the public generally and to targeted groups."

One of the commissioner's key tasks as the moment is to complete the six-yearly review of New Zealand's retirement policies.

The delay in making a permanent appointment had led former commissioner Diana Crossan to accuse the Government of stalling and express fears the retirement policy review would not produce strong recommendations.

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