'NZ can teach the UK about advice' - Resolution

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The Resolution Foundation believes the UK can learn lessons about financial awareness and advice by looking at the way New Zealand's Retirement Commission operates.

At a seminar discussing the critical role of advice in supporting pension reform, the Foundation unveiled an evaluation of New Zealand’s retirement commission and ‘Sorted’ website, conducted on its behalf by the Pensions Policy Institute (PPI). As the government is currently considering the “communications and information package” which will accompany the reforms set out in the white paper, the Foundation suggests if the UK is to follow New Zealand into introducing a version of the ‘Kiwisaver’ it should also look at how they provide information to consumers. In the 24-page report, the...

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