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April 14, 2021
Women, Māori and Pasifika money know-how to be targeted in new national strategy 14 Apr, 2021 05:00 PM 3 minutes to read Retirement Commissioner Jane Wrightson. Photo / Michael Craig Bringing up the levels of financial know-how in women, Māori and Pasifika is the aim of a new national strategy for financial capability being launched today. Jane Wrightson, Retirement Commissioner and the head of the Commission for Financial Capability - the Governments money education arm - said the strategy w...
March 16, 2021
Supplied Peter Carr, president of the Retirement Villages Residents Association of New Zealand, says residents want to level the playing field with retirement village owners. Retirement village residents have put pen to paper and fingers to keyboards in their hundreds to back a major revamp of the law governing retirement villages. A key bugbear up for debate are residents, or their families or estate, not sharing in the capital gain on units when the residents pass away or go into care. Most ...
March 7, 2021
The Government's money education arm is targeting women in a pilot programme.
February 13, 2021
Diana Clement: Save now for a better retirement 13 Feb, 2021 04:00 PM 4 minutes to read If you have some savings, chances are youll travel more in the Discovery stage. Photo / 123RF If you have some savings, chances are youll travel more in the Discovery stage. Photo / 123RF NZ Herald OPINION: Getting old is expensive. Youngsters and those of us who arent quite there yet can throw stones at Boomers and all their money, but some of those supposedly rich people will hit retirement with ...
February 2, 2021
One major concern was contract terms that made residents responsible for the costs of repairs despite having no ownership rights to their unit.
February 2, 2021
Association minister of housing Poto Williams. Photo: RNZ /Dom Thomas The bodies which represent the residents and the providers respectively disagree over whether the law - as it stands - is fair. Retirement Village Residents Association national president Peter Carr said the contracts "absolutely" needed to be reworked. But Retirement Villages Association chief executive John Collyns disagreed with that. "There are some aspects of the law which we think could be addressed, but by and large, ...
February 1, 2021
Retirement village regulations need overhaul: Consumer NZ 1 Feb, 2021 06:15 PM 5 minutes to read Consumer NZ wants an overhaul of the multi-billion dollar retirement village sector and its regulations to protect around 45,000 residents from unfair terms. Jon Duffy, chief executive at Consumer NZ, said a review of contracts found terms which unfairly favoured villages and risked costing residents money. "Retirement villages promise the good life in your golden years. However, the agreements cons...
February 1, 2021
Press Release – Consumer NZ Consumer NZ wants an overhaul of retirement village regulations to protect residents from unfair terms. Consumer NZ chief executive Jon Duffy said its review of retirement village contracts found terms that unfairly favour the village and risk leaving residents … Consumer NZ wants an overhaul of retirement village regulations to protect residents from unfair terms. Consumer NZ chief executive Jon Duffy said its review of retirement village contracts found terms ...
January 22, 2021
Retirement old fashioned: More than 16k people 65-plus still working 22 Jan, 2021 08:00 PM 8 minutes to read The idea of retiring at 65 has become "old-fashioned" as more people continue to work past retirement age in the Bay of Plenty. While some are taking early retirement due to the fallout of Covid-19, others in the 65-plus age group are working longer than expected. However, finding a new job at retirement age wasnt easy and those whove worked in the same company for deca...
December 17, 2020
Media Person of the Year Newsroom 17/12/2020 © Provided by Newsroom MediaRooms annual salute to those who stood out, through strong and high-calibre journalism, executive innovation or success, and advocacy for the public right to know Media businesses were initially hit hard in 2020 by the pandemic - with lockdown ultimately inspiring Bauer to shut down its magazines and lay off 200 staff, and more than 430 other roles disappearing from other companies as advertising dried up. Government f...