Most New Zealanders can expect to retire at 65 and be able to draw their KiwiSaver savings. However, the current law doesn't recognise Kiwis with a chronic illness or health conditions that mean they're unlikely to live until 65. This could prevent some kiwisavers from accessing the funds they have built-up.
Tag: Ministry of Consumer Affairs. Showing results 1 - 6 of 6
Showing results 1 - 6 of 6
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Clamping down on wheel clampers
Wheel clamping is a largely unregulated practice across Aotearoa and for the general public, the current law is unclear about how much operators can charge.
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Govt looks to crackdown on ticket scammers
The Government is making moves to restrict ticket scalping and put regulations in place for ticket re-sales to ensure consumers aren’t getting ripped-off.
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Māori businesses to benefit from new food labelling bill
Customers will soon know how far their apples fall from the tree with the passing of the Consumers' Right to Know (Country of Origin of Food) Bill. The bill introduces mandatory labelling to inform consumers where their meat, fruit, seafood and vegetables come from.
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NewsHigh numbers of faulty Takata airbags remain in regions
Government figures show more than 36,000 vehicles are estimated to still have faulty Takata alpha-type airbags and those in regional communities have high numbers in need of repair.
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Consumer NZ pushes for bank regulations to protect consumers
Consumer NZ is pushing for stronger regulations in the banking industry to protect clients from being sold products they do not need. This follows after the release of a joint-review by the Reserve Bank of NZ and Financial Market Authority which found “significant weaknesses” in the banking industry's conduct and culture.
