Picture of money box

 Cost of retirement rising rapidly

If you think your golden years are going to be just that, new research says you may need to think again. Join us as Claire Matthews explains why retirement is becoming more and more unaffordable.

Picture of Claire Matthews2017 marks ten years since New Zealand’s workplace-based retirement savings scheme, KiwiSaver, was established in New Zealand.  The intention with KiwiSaver was to address concerns about the extent of saving by New Zealanders, particularly towards retirement.    Since its introduction, successive governments have adjusted the scheme’s operations, many of which have made it less desirable.  
Although more than half of New Zealanders have joined KiwiSaver, it is not clear that they have a good understanding of how the scheme works.  In addition, there are concerns about decisions that members are making, such as their choice of funds and taking contributions holidays.
In this presentation, Claire will give an overview of KiwiSaver and consider how successful it has been to date.    She will offer suggestions for further changes to improve the scheme.  She will also identify key matters that KiwiSaver members should consider to ensure they are maximizing the value of their KiwiSaver account. 

Auckland

Date: Thursday 9 November 2017
Venue: Grand Millennium Hotel

Palmerston North

Date: Wednesday 15 November 2017
Venue: Sir Geoffrey Peren Auditorium, Massey University

Hawkes Bay

Date: Monday 27 November 2017
Venue: The Gatsby Room, Masonic Hotel, Napier

Time

5.30pm – Connect with other alumni, students, staff and friends of Massey (canapés will be served, cash bar available)
6.15pm – Guest Speaker Claire Matthews
7.25pm – Time for some Q&A, refreshments and networking before the event concludes.

CLAIRE MATTHEWS

Dr Claire Matthews has been Director, Academic Programmes for the Massey Business School since 2014, having joined Massey University in 1996 after 12 years in various roles with Trust Bank. Her research interests centre around consumer’s financial behaviour, decisions and attitudes, with a particular interest in retirement planning and KiwiSaver.

Claire has a PhD in Banking on the subject of Switching Costs in the New Zealand Banking Market, and is a Fellow of the Financial Services Institute of Australasia.  She is a director of NZCU Baywide and chair of Co-op Money NZ, as well as being on the board of Pukaha Mt Bruce.