Patrick Nolan: Retirement Commission Policy and Research Director on the call for changes to the retirement income system
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Patrick Nolan: Retirement Commission Policy and Research Director on the call for changes to the retirement income system
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A warning New Zealand needs to act quickly on strengthening our retirement income system.
The Retirement Commission's income policy review has found a longer-term political focus is needed to ensure future generations' certainty.
It makes 12 recommendations, including moving more quickly to implement KiwiSaver reforms, and harder strategies such as a new cross-party accord.
Policy and Research Director Patrick Nolan told Kerre Woodham we now have people over 65 than we have under 15, so we need to act now.
He says New Zealand is going to look very different into the future, so these conversations need to be had.
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