Articles tagged with 'decumulation'
Commissioner: Pension age shouldn't increase
29 January 2020 - New Zealand’s pension costs might be rising but wellbeing and equity concerns mean we cannot afford to increase the pension age, the Retirement Commissioner says.
Young people should budget to live to 100, actuaries say
3 December 2019 - New Zealanders are getting information about how to build wealth, but not how to spend it, a group of actuaries says.
Missed the boat? Not yet
3 May 2019 - It's too early to talk about New Zealand having 'missed the boat' on setting up decumulation options for KiwiSaver, commentators say.
NZ 'missed the boat' on decumulation
2 May 2019 - New Zealand missed its chance to implement a decumulation solution - but it is one of a number of issues that are now 'past urgent' to address, one researcher says.
New life in old whole of life policies
20 August 2018 - People with old whole of life and endowment life insurance policies can now release some funds while keeping cover.
What next for KiwiSaver
14 November 2017 - How to turn a lump sum into retirement income is a question that hasn’t been answered properly anywhere in the world, says Ana-Marie Lockyer, ANZ’s general manager of wealth products.
What next for KiwiSaver
7 November 2017 - How to turn a lump sum into retirement income is a question that hasn’t been answered properly anywhere in the world, says Ana-Marie Lockyer, ANZ’s general manager of wealth products.
Leverage up your KiwiSaver fund
30 October 2017 - Booster chief investment officer David Beattie says people should be taking more risk in their KiwiSaver funds.
Retirees told 6% drawdown rule an option
5 May 2017 - The New Zealand Society of Actuaries says people trying to make their savings last through retirement could draw down 6% of their savings pot a year - but the country's only retirement income product provider says its calculations are flawed.
New Zealand lagging on decumulation options
28 August 2015 - New Zealand retirees are turning to rental property because there are not enough products to provide income in retirement, it has been claimed.
Retirement planning has to start somewhere: FMA
13 August 2015 - It is difficult for people nearing retirement to get access to the financial advice they need, it has been argued.
Stick with KiwiSaver past 65, AMP urges
5 August 2015 - Many New Zealanders have the mistaken belief that once they get to 65, they have to pull their money out of KiwiSaver, AMP New Zealand’s general manager of investments and insurance, Therese Singleton, says.