News

Retirement Commissioner to step down

Retirement Commissioner Jane Wrightson has decided to end her second term in the role in early 2026 and not seek reappointment.

Wrightson has led the Retirement Commission for nearly six years, overseeing research, policy advice on retirement incomes and villages, and public education to support New Zealanders' financial wellbeing.

Amongst her successes, Wrightson has prompted the first substantive review of the Retirement Villages Act 2003 with a decision expected on legislative changes by the end of 2025.

Recommended employer and employee KiwiSaver contributions increase to 4% and for 16-17-year-olds to be included, confirmed in Budget 2025.

She has also championed the compulsory inclusion of financial education in schools. 

She has also "rallied a diverse financial services sector around supporting the National Strategy for Financial Capability with three-year action plans," the announcement says.

Minister of Commerce and Consumer Affairs Scott Simpson acknowledged her leadership and for the way she’s advocated for better financial capability and retirement outcomes for New Zealanders.

“Recruitment for the next Retirement Commissioner will begin shortly,” he says.

Wrightson says; “Our work on the National Strategy for Financial Capability actively encourages different parts of the sector, from the big end of town to NGOs, to pull together on projects that make a difference."

“Our high-quality research and analysis provide evidence for considered policy change. We ensure it’s public so that people can rely on it to inform themselves and their ideas. 

“Years of championing for a stronger focus on financial education in schools has been heard, and it will be a game-changer for the next generation’s financial wellbeing. 

Most Read

Get TMM delivered to your inbox each week

Sign Up