Simple is Best

The British government is officially considering modeling its pension system on NZ’s current superannuation scheme, which is described in the Guardian as “a model of elegant simplicity compared with Britain’s multi-layered mixture of private and state provision, means tests and tax allowances.” A group of British officials visited NZ in early March to assess the system and have come out decidedly in its favour, as has the British media.  

Tags: British government  Guardian (The)  New Zealand Superannuation Fund  Observer (The)