Dr Peter Winsley: Ageing, NZS and new opportunities

The sustainability of New Zealand’s superannuation (NZS) system has long been in dispute. A recent Michael Littlewood paper based on Treasury data and OECD analyses challenges the assumption that NZS is unsustainable, given demographics.

NZS is a simple, universal scheme. This means it has low transaction costs and generates few behavioural distortions.