Pension prescription remains the same

(Image: Getty)

Tue, 17 Oct 2023

New Zealand slipped down the pension pecking order in the latest Mercer Global Pension Index, but the recipe for its success was largely kept intact. The investment manager rated NZ’s pension scheme – including NZ superannuation and private schemes, including KiwiSaver – a B, with an overall rating of 68.3, ranking it 17th out of 47 systems assessed. That’s down from the 15th ranking achieved in the previous two reviews but at the same B level, with the overall rating ranging between 67.4 and 70.1 since it was...

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