retirement.org.nz

This Statement of Intent sets out the intended direction of the Retirement Commission over the next three years. It describes how we will work towards our goals and carry out our core business.

Financial planning for retirement is a long-term undertaking for individuals and families. New Zealanders now need to plan for a significant period of later life, including the transition from work to gradually concentrating on leisure and non-paid activities.

In this context a planning period of three years is just a short interval - so the Retirement Commission itself is taking a longer view, looking to 2020 and beyond.

We have a big challenge - helping current and future generations of New Zealanders to be financially knowledgeable, so that they can understand personal financial issues and make sound choices. This will make them well prepared for retirement, with a sense of security and able to enjoy financial well-being.

Our work contributes to the Government's longer term priorities and themes. It supports the families young and old priority by helping families have the necessary information to make informed financial decisions in their working lives and their retirement. It also contributes directly to the positive ageing theme.

Key elements of our work are to promote the ability of individuals to make sound financial decisions; provide information and advice to support effective and stable government retirement income-related policies; and assist initiatives that build trust in the financial sector.

This is our first Statement of Intent and I am confident that it will provide a clear and valuable picture of the work and results sought by the Retirement Commission.

This document will also help to inform our stakeholders about how our work may contribute to, or align with, their own objectives, plans, and activities.

Diana Crossan
Retirement Commissioner