09 Sep 2026
1 month ago
440 views
David McClatchy has been reappointed for three years as a member of the Guardians of New Zealand Superannuation Board, which manages the NZ Superannuation Fund and Elevate NZ Venture Capital Fund valued at $94.4 billion. His extensive experience in investment management and governance contributes to the board’s stability, leadership, and expertise during a period of economic uncertainty. The reappointment reflects the Government’s commitment to strong governance and robust investment performance to grow New Zealand’s sovereign wealth funds for future generations.
20 Jun 2026
4 months ago
833 views
Nearly 99.5% of KiwiSaver contributors have accepted the increased default contribution rate from 3% to 3.5%, enhancing their retirement savings and financial security. This change affects about 1.8 million employees, with contributions rising from 6% to 7% of wages when including employer matches, and will increase further in 2028. The higher contributions are projected to significantly boost retirement funds, helping young New Zealanders both in retirement and in purchasing their first homes.
28 May 2026
4 months ago
946 views
The New Zealand Government plans to contribute $3.1 billion to the Superannuation Fund over the next four years, an increase of $2.2 billion due to updated population and inflation forecasts. The Guardians of New Zealand Superannuation have lowered their expected long-term returns from 7.8% to 7.2%, reflecting anticipated weaker global equity market performance. Contributions will continue until 2054, with superannuation costs projected to rise from $24.7 billion to $31.2 billion by 2029/30 as the population ages.
07 May 2026
5 months ago
1305 views
The Government will increase the Rates Rebate Scheme from July 2026, raising the maximum rebate and income thresholds to provide targeted support for low-income ratepayers and SuperGold Cardholders, helping seniors on fixed incomes manage rising rates. New application forms will be available through councils and online, ensuring eligible households receive assistance amid ongoing cost-of-living pressures. Additionally, a rates cap will be introduced to control council spending and prevent unsustainable rate increases, with details to be announced later this year.
05 May 2026
5 months ago
989 views
Richard Keys, Lindsay Wright, and Michael Playford have been appointed to the ACC Board, starting 11 May 2026, to support the organisation's Turnaround Plan aimed at improving outcomes for injured New Zealanders. Each appointee brings specialized expertise: Keys in health and corporate governance, Wright in financial services and investment management, and Playford in actuarial assessments and financial sustainability. Their combined skills are expected to enhance the Board's leadership and accountability, ensuring ACC delivers better client-focused services and long-term financial stability.
12 Mar 2026
7 months ago
1337 views
John Williamson has been reappointed as Chair of the Guardians of New Zealand Superannuation Board for two more years starting October 1, reflecting his strong leadership and extensive experience. The Board manages government investments in the NZ Super Fund and the Elevate NZ Venture Capital Fund, with five of seven members currently in their first term. This reappointment aims to ensure stability, continuity, and robust investment performance to grow New Zealand’s sovereign wealth funds for future generations.
05 Mar 2026
7 months ago
1222 views
Two experienced corporate leaders, Tim Mitchell and Juliet Tainui-Hernandez, have been appointed to the nominating committee for the Guardians of New Zealand Superannuation, alongside the reappointment of Chair Michelle Tsui and member Mark Butcher. The committee is responsible for identifying and recommending qualified candidates for the Guardians Board, which oversees the NZ Super Fund and Elevate NZ Venture Capital Fund. Mitchell and Tainui-Hernandez bring extensive expertise in governance, recruitment, risk management, and global investment, with their terms starting on March 1, while Tsui and Butcher have served since 2018.
28 Nov 2025
11 months ago
1189 views
The Better Later Life Action Plan aims to support older New Zealanders in living well, maintaining independence, and staying connected by focusing on health, housing, and financial security. It builds on existing government services by introducing new initiatives such as expanding housing options, reviewing driver licensing, enhancing digital training, and strengthening protections against elder abuse. The plan involves a coordinated, cross-government approach to improve access to services and practical support, with details available on the Office for Seniors website.
17 Oct 2025
1 year ago
1304 views
Andrew Wilson, a former investment banker with extensive experience in global markets, has been appointed to the Board of the Guardians of New Zealand Superannuation, overseeing the $85 billion Superannuation Fund. Prior to this role, Wilson held key positions at institutions like the Reserve Bank of New Zealand, Bank of England, and Goldman Sachs Asset Management. Acting Finance Minister Chris Bishop highlighted Wilson's valuable expertise in investment management and global markets, emphasizing his potential to make a significant impact on the Guardians' work. Wilson's official appointment to the Board is scheduled to commence on 20 October.