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Te Ara Ahunga Ora Retirement Commission
Te Ara Ahunga Ora Retirement Commission (formerly Commission for Financial Capability), is a Crown entity under the New Zealand Crown Entities Act 2004. The Commission provides financial education and information to residents of New Zealand, advises government on retirement income policy, and monitors the effectiveness of the Retirement Villages Act 2003. Overview Te Ara Ahunga Ora Retirement Commission operates under the NZ Superannuation and Retirement Income Act, which provides the statutory framework for its operations. It also has certain functions under the Retirement Villages Act 2003. The commission is funded by New Zealand's central government and has an annual budget of around $NZ8.6m. The commission's activities include: * Review of Retirement Income Policy - completed every three years to assess effectiveness, identify future issues, provide policy stability and inform policy development * ''Sorted'' - providing free independent and financial impartial information ...
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New Zealand Government
The New Zealand Government () is the central government through which political authority is exercised in New Zealand. As in most other parliamentary democracies, the term "Government" refers chiefly to the executive branch, and more specifically to the Ministry (collective executive), collective ministry directing the executive. Based on the principle of responsible government, it operates within the framework that "the reigns, but the government rules, so long as it has the support of the New Zealand House of Representatives, House of Representatives".Sir Kenneth Keith, quoted in the Cabinet Manual'. The ''Cabinet Manual (New Zealand), Cabinet Manual'' describes the main laws, rules and Constitutional convention (political custom), conventions affecting the conduct and operation of the Government. Executive power is exercised by Ministers in the New Zealand Government, ministers, all of whom are sworn into the Executive Council of New Zealand, Executive Council and accounta ...
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Auckland
Auckland ( ; ) is a large metropolitan city in the North Island of New Zealand. It has an urban population of about It is located in the greater Auckland Region, the area governed by Auckland Council, which includes outlying rural areas and the islands of the Hauraki Gulf, and which has a total population of as of It is the List of cities in New Zealand, most populous city of New Zealand and the List of cities in Oceania by population, fifth-largest city in Oceania. The city lies between the Hauraki Gulf to the east, the Hunua Ranges to the south-east, the Manukau Harbour to the south-west, and the Waitākere Ranges and smaller ranges to the west and north-west. The surrounding hills are covered in rainforest and the landscape is dotted with 53 volcanic centres that make up the Auckland Volcanic Field. The central part of the urban area occupies a narrow isthmus between the Manukau Harbour on the Tasman Sea and the Waitematā Harbour on the Pacific Ocean. Auckland is one of ...
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Andrew Bayly
Andrew Henry Bayly (born 1962) is a New Zealand businessman, adventurer, and politician. He was elected to the New Zealand Parliament at the 2014 general election as the MP for Hunua, representing the New Zealand National Party. He is currently the MP for Port Waikato. He was Minister of Commerce and Consumer Affairs, Minister of Statistics, and Minister for Small Business and Manufacturing in the Sixth National Government. He resigned his ministerial portfolios in February 2025 after he physically touched a staff member during an argument. Early life and family Bayly was born in Whanganui and has a twin brother. He attended Wanganui Collegiate School and graduated with a degree in accounting and finance from Massey University. He was a merchant banker and is a Fellow of Chartered Accountants Australia and New Zealand, the NZ Institute of Management, the NZ Chartered Institute of Corporate Management, and the UK Chartered Association of Certified Accountants. In the 1970 ...
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Minister Of Commerce And Consumer Affairs
The Minister of Commerce and Consumer Affairs is a minister in the New Zealand Government with the responsibilities including corporate law and governance, financial markets, competition policy, consumer policy, protecting intellectual property, and trade policy and international regulatory cooperation, most of which is administered by the Ministry of Business, Innovation and Employment. The position was established as Minister of Commerce in 1987 and superseded the previous office of Minister of Trade and Industry. Starting from October 2014, the position was combined with the now-disestablished Minister of Consumer Affairs. The present Minister is Scott Simpson. List of ministers The following ministers held the office of Minister of Commerce and Consumer Affairs. ;Key Notes References * External linksNew Zealand Ministry for Business, Employment and Innovation {{DEFAULTSORT:Minister of Commerce and Consumer Affairs Commerce Commerce is the organized Comple ...
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Crown Entity
A Crown entity (from the Commonwealth term ''The Crown, Crown'') is an organisation that forms part of New Zealand's public sector organisations in New Zealand, state sector established under the Crown Entities Act 2004, a unique umbrella governance and accountability statute. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the management of the organisation. Types of crown entities Crown entities come under the following types: * Statutory entities – bodies corporate established under an Act ** Crown agents – organisations that give effect to government policy, such as the Accident Compensation Corporation, which administers no-fault workers compensation ** Autonomous Crown entities (ACE), which must have regard to government policy, such as Museum of New Zealand Te Papa Tongarewa, Te Papa, the national museum ** Independent Crown entities (ICE), which are generally independent of government policy, such as the Co ...
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New Zealand
New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of island countries, sixth-largest island country by area and lies east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The Geography of New Zealand, country's varied topography and sharp mountain peaks, including the Southern Alps (), owe much to tectonic uplift and volcanic eruptions. Capital of New Zealand, New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and subsequently developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. ...
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Crown Entities Act 2004
The Crown Entities Act 2004 is a statute of the New Zealand Parliament that provides the framework for the establishment, governance, and operation of Crown entities, and to clarify accountability relationships between Crown entities, their board members, their responsible Ministers on behalf of the Crown, and the House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entities. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often .... External linksCrown Entities Act 2004 New Zealand Legislation Statutes of New Zealand 2004 in New Zealand law {{NewZealand-law-stub ...
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Financial Education
Financial literacy is the possession of skills, knowledge, and behaviors that allow an individual to make informed decisions regarding money. Financial literacy, financial education and financial knowledge are used interchangeably. Financially unsophisticated individuals cannot plan financially because of their poor financial knowledge. Financially sophisticated individuals are good at financial calculations; for example they understand compound interest, which helps them to engage in low-credit borrowing. Most of the time, unsophisticated individuals pay high costs for their debt borrowing. Raising interest in personal finance is now a focus of state-run programs in Australia, Canada, Japan, the United Kingdom, and the United States. Understanding basic financial concepts allows people to know how to navigate the financial system. People with appropriate financial literacy training make better financial decisions and manage money than those without such training. The Organizatio ...
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Jane Wrightson
Jane Theresa Wrightson (born 2 January 1958) is a New Zealand public sector executive. Since 2020 she has served as Retirement Commissioner. She was previously New Zealand's Chief Censor from 1991 to 1993, the chief executive of the Broadcasting Standards Authority from 2003 to 2007 and the chief executive of NZ On Air from 2007 to 2020. Early life and family Wrightson was born in Hastings on 2 January 1958, the daughter of Pearl Wrightson (née French) and Trevor Wrightson. She was educated at Hastings Girls' High School from 1971 to 1975, before going on to university. She completed a Bachelor of Arts in English at Victoria University of Wellington in 1979, a Diploma in Business Administration at Massey University in 1985, and a Master of Business Administration with Distinction at Massey in 1994. Career Early career Wrightson worked for a decade for TVNZ, including in the programming department, and was head of commissioned programmes from 1989 to 1991. Chief Censor Betwe ...
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NZ On Air
NZ On Air (NZOA; ), formally the Broadcasting Commission, is an Crown entity, autonomous Crown entity and commission of the New Zealand Government responsible for providing funding for broadcasting and creative works. The commission operates largely separate from government policy but must follow directions from the Minister of Broadcasting, Communications and Digital Media, Minister of Broadcasting. NZOA is responsible for the funding of public broadcasting content across television, radio and other media platforms. It is also a major investor in New Zealand independent producers. NZ On Air is the operating name of the Broadcasting Commission formed in the Broadcasting Act 1989 alongside the Broadcasting Standards Authority, meant to encourage individuals to pay the historical Television licence, Broadcasting Fee that funded public broadcasters. In 1999 the Broadcasting Fee was abolished, and NZOA now receives funding directly from the Ministry for Culture and Heritage. Acti ...
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Diana Crossan
Dame Diana Buchanan Crossan (born 1949) is a New Zealand public servant. She worked at the State Services Commission, where she was the first manager of the Equal Employment Opportunities Unit. She served as Retirement Commissioner between 2003 and 2013, and contributed to the development of the KiwiSaver scheme. From 2013 to 2017, she was chief executive of Wellington Free Ambulance. In the 2019 New Year Honours, Crossan was appointed a Dame Companion of the New Zealand Order of Merit The New Zealand Order of Merit () is an order of merit in the New Zealand royal honours system. It was established by royal warrant on 30 May 1996 by Elizabeth II, Queen of New Zealand, "for those persons who in any field of endeavour, have ..., for services to the State. Crossan grew up in small towns in the South Island of New Zealand where her father was a teacher and Headmaster. She has three sisters: Helen Sinclair Crossan, Dunedin born 1947; Isobel Ann Simmers, Gujan Mestra, France ...
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Colin Blair
Colin Blair (born 17 September 1957 in Glasgow) is a British former racing driver best known for his short time driving in the British Touring Car Championship. After working for a recruitment company, he didn't start in motor sport until the age of thirty-nine. Racing career He spent two years in 1997 and 1998, racing in the Scottish Road saloon car champion with a class A Ford Sierra RS500. In 1999 he drove a class A Ford Escort in the Ford Saloon Car Challenge, where he finished the season in second place. He stepped up to the BTCC in 2000, with an independent Nissan Primera GT. This was the last year of the Super Touring era and there was a very small field of drivers, with no more than eleven class A cars starting at one time. Blair only raced in selected rounds, sharing the car with David Leslie. He finished the season second in the independents championship behind the only other Indy driver Matt Neal, and eleventh in the overall drivers championship. In 2001 he drove in t ...
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