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Nicola Hines

Nicola Hines

Women fall further behind in retirement savings race

Posted in Kiwisaver, Retirement, Savings on

New Zealand's retirement savings gender gap just keeps getting bigger, new research shows. ANZ said, on current savings patterns, women were likely to retire with almost $80,000 less in their KiwiSaver accounts than men. General manager of wealth products and marketing Ana-Marie Lockyer said it was disappointing to see women falling further behind in their retirement savings. She said the average balances of women members of ANZ's KiwiSaver scheme, the largest in the country, were 19 per cent lower than men's. Women had an average $13,333 compared to $16,527 for men. A year ago, women were only 15 per cent behind.

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Nicola Hines

Nicola Hines

The ageing workforce of New Zealand

Posted in Retirement on

As our population is aging, so is our workforce. Five years ago 21 percent of our workforce was over the age of 65; by 2031 that will have increased to 31 percent. So how do we make the workplace more accepting of older workers and get rid of the stigma that they’re past their 'use by' date?

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Sam Gapes

Sam Gapes

Dear people in your 20s and 30s, you'd better be preparing for retirement at 50.

Posted in Retirement on

Not because you want to retire early, but because you'll have to. There are three major trends that should signal what the latter half of your career may have in store for you.

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Sam Gapes

Sam Gapes

Mark Wilson discusses saving for retirement in New Zealand

Posted in Retirement, Savings on

Mark Wilson is the New Zealand-born Group Chief Executive Officer of the UK’s largest insurer Aviva. Mark shares some great suggestions on how New Zealanders can ensure they are well prepared for retirement.

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Sam Gapes

Sam Gapes

How to get rich, slowly

Posted in Retirement, Savings on

People often ask billionaire investors like Warren Buffet for investment advice. He will ask them to forget about schemes to get rich quickly - his tips involve getting rich slowly. Learning to save is one of the most important pieces of advice he offers. It sounds simple. The tricky part for many people is putting the advice into practice.

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Ryan Edwards

Ryan Edwards

Oz male retirement savings nine times higher than KiwiSaver average

Posted in Retirement on

The average superannuation balance for an Aussie bloke is more than nine times the average amount Kiwis have put aside for their retirement in KiwiSaver and it's unlikely Kiwis will ever catch up, an expert says.

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Henry Tongue

Henry Tongue

Going without is a test for retirement

Posted in Kiwisaver, Retirement on

A new study shows that superannuation payments alone (even if they do exist in the future) will not be enough to live on in retirement for many New Zealanders. You may need extra, via KiwiSaver, or something else, or you will go without.

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