Don't meddle with NZ Super: Actuaries report

The Retirement Income Interest Group which is part of the New Zealand Society of Actuaries has done a stocktake of retirement income policy, concluding that NZ Super doesn't need to be reformed, The report by Finance and Risk Specialist, Alison O'Connell and other actuaries have found that it is much more important to turn attention to Kiwisaver, rather than meddle with NZ Super. Dr O'Connell says NZ Super is an absolute basic requirement relied on by people of all ages - and is a basic need, particularly when previous research has found people actually underestimate how much they have - or will need in their Kiwisaver.