Articles tagged Commission for Financial Literacy and Retirement Income

For the convenience of subscribers, here's my weekend column arguing for a joint Reserve Bank and Government education campaign about what Open Bank Resolution means for savers and taxpayers.

The Government's drive to simplify KiwiSaver reporting standards was expected to make it easier for KiwiSaver fund watchers to compare and rank the funds. Now the Commission for Financial Literacy and Retirement Income's Sorted website has launched its own KiwiSaver Fundfinder.

The Government completed its first seven-yearly review of KiwiSaver default providers and decided to stick with the current policy of directing default funds into conservatively managed funds, rather than adopt the 'lifecycle' approach recommended by the OECD and others. Labour also prefers the 'lifecycle' approach. Here's my briefing on the policy's details, the pros and the cons, the process and the political positioning.