Annual Review 1998 - ISI's Wake-Up Call to Politicians and the NZ
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One of the
Association's most successful public activities of the year was the launch of the 'ISI
Report on Retirement Savings: A Wake- Up Call'.
Commissioning the research and launching the Report
constituted one of the Association's largest public exercises and generated considerable
interest from politicians and the media alike.
The overall objective of the ISI Report was to raise
awareness amongst the public and politicians of the need for sound, stable policies if New
Zealand is to cope with the economic effects of a growing elderly population.
It presented a framework within which effective savings
polices should be developed and clearly illustrated the consequences which would flow from
any inaction on the Government's part.
The ISI Report also called for more research to be done
in areas where a lack of information is inhibiting the development of stable retirement
income policies. Such research would include the role of housing as a vehicle for
retirement saving, factors which influence the quality of investment and saving decisions,
universal entitlement to a public pension versus targeted assistance and research into
society's welfare preferences.
Activities that the Association has undertaken to keep
the retirement issue alive include:
- Launching the ISI Report to one of the most well-attended
Chamber of Commerce lunches in Wellington;
- Briefing the leaders and key spokespeople in all the
major political parties about issues contained in the ISI Report, before the launch;
- Developing an on-going media programme to ensure issues
are kept in front of the public;
- Putting together generic presentations to be made
available to community and interest groups interested in briefing their own members.
Copies of the ISI Report are available from the ISI
at a cost of $19.95.
