13 Jun 2019

The cost of Superannuation

From The Panel, 4:23 pm on 13 June 2019

New Zealand is pretty unique in the world to have a universal superannuation scheme. It's well loved but it is costly, and it's not means tested which means anyone from a service worker to a major CEO gets the same amount. The question around whether the pension age can remain at 65 is often debated, and today we ask Susan St John, Director of The Retirement Policy and Research Centre at Auckland University.