An industry group for chartered accountants is putting a novel idea on the table to lower the cost of New Zealand Superannuation to the Crown, while keeping it universal.

Chartered Accountants Australia New Zealand is advocating for the next Government to allow people to delay the age at which they start receiving Super.

According to NZIER modelling, this approach could reduce the annual cost of Super to the Crown by billions of dollars every year, depending on how the system was designed.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

LISTEN ABOVE

An industry group for chartered accountants is putting a novel idea on the table to lower the cost of New Zealand Superannuation to the Crown, while keeping it universal.
Chartered Accountants Australia New Zealand is advocating for the next Government to allow people to delay the age at which they start receiving Super.
According to NZIER modelling, this approach could reduce the annual cost of Super to the Crown by billions of dollars every year, depending on how the system was designed.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
LISTEN ABOVE

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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