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Commission for Financial Capability
Building Wealthy Lives
The Commission for Financial Capability (CFFC) is an independent government-funded organisation helping people to get ahead financially. We work to ensure the retirees of today and tomorrow are equipped with the financial knowledge, skills and confidence to make good financial decisions at every stage of their lives and reach retirement in good financial health.
Commission for Financial Capability - Latest News [Page 3]
CFFC welcomes Budget funding to improve home ownership
Friday, 31 May 2019, 9:49 am | Commission for Financial Capability
The Commission for Financial Capability (CFFC) looks forward to scaling up its Sorted community programmes to help more Māori and Pasifika families into home ownership, thanks to an allocation of around $3 million in this year’s Budget. More >>
Media statement by Retirement Commissioner Diane Maxwell
Wednesday, 22 May 2019, 3:33 pm | Commission for Financial Capability
Statement by Retirement Commissioner Diane Maxwell in response to the report of the investigation into allegations made against her of bullying: More >>
Nearly half government contribution to KiwiSaver unclaimed
Thursday, 2 May 2019, 12:39 pm | Commission for Financial Capability
KiwiSaver members have six weeks to make sure they qualify to receive the government’s annual contribution of $521. More >>
CFFC welcomes retirement policy summit
Wednesday, 10 April 2019, 10:11 am | Commission for Financial Capability
A retirement income summit organised by Auckland University will be helpful in starting the conversation around a number of issues being studied by the Commission for Financial Capability in its three yearly review of government policies, says Acting Retirement ... More >>
CFFC supports call for central scam agency
Wednesday, 3 April 2019, 10:28 am | Commission for Financial Capability
The fraud education arm of the Commission for Financial Capability supports the call for a centralised agency to combat the rapid rise in scams. More >>
KiwiSaver law changes adopt Commissioner’s recommendations
Wednesday, 13 March 2019, 12:17 pm | Commission for Financial Capability
Changes to KiwiSaver passed by Parliament last night will open the scheme to people over 65 for the first time, and enhance it for thousands of others, says Acting Retirement Commissioner Peter Cordtz. More >>
Issues raised by Merivale Retirement Village bed shortfall
Monday, 4 March 2019, 11:57 am | Commission for Financial Capability
The government agency that monitors the retirement village industry says the current case of residents of a Christchurch rest home having to find new accommodation at short notice highlights the need for clearer communication. More >>
Scam call-blocking device proves its worth
Thursday, 28 February 2019, 2:11 pm | Commission for Financial Capability
A trial of a call-blocking device that prevents scammers and unwanted callers from harassing landline owners resulted in 98% of unwanted calls being blocked. More >>
Smart Investor launched to help Kiwis get ahead financially
Wednesday, 20 February 2019, 9:07 am | Commission for Financial Capability
A new online tool called Smart Investor enables Kiwis to search and compare New Zealand investments such as KiwiSaver, shares, bonds and other types of managed products for the first time. Housed on the Sorted website, the portal offers the first opportunity ... More >>
Beware of romance scams this Valentine's Day
Tuesday, 12 February 2019, 2:46 pm | Commission for Financial Capability
Valentine's Day can make single people feel even more lonely, making them vulnerable to online romance scams says the Commission for Financial Capability. More >>
Hayne report should add to wave of reforms for consumers
Tuesday, 5 February 2019, 10:28 am | Commission for Financial Capability
The Commission for Financial Capability believes the ripple effects of the Australian banking inquiry report will help put Kiwi consumers back at the centre of the financial services industry. More >>
CFFC supports scrutiny of life insurance industry
Tuesday, 29 January 2019, 3:06 pm | Commission for Financial Capability
A report aiming to improve the culture and conduct of New Zealand’s life insurance industry may require companies to change their entire business model, but the outcome will be better service for their customers, says the Commission for Financial Capability ... More >>
Christmas finance offers dress up danger as opportunity
Thursday, 13 December 2018, 3:30 pm | Commission for Financial Capability
Flyers arriving in mailboxes encouraging Kiwis to “entertain now, pay later” are fuelling the pressure to spend at Christmas, even if it means racking up debt. More >>
Romance scam victims find tactics shockingly similar
Thursday, 15 November 2018, 1:52 pm | Commission for Financial Capability
Romance scam victims find tactics shockingly similar • Rare video interview reveals how fraudsters trap Kiwis Romance scams are on the rise, and to mark Fraud Awareness Week two victims have come together to share their stories, finding that the tactics ... More >>
Sorted in Schools launched to teach teens about money
Thursday, 25 October 2018, 2:32 pm | Commission for Financial Capability
Sorted in Schools launched to teach teens about money Pualele Fomai sees learning about money as a journey. “The lessons we’re having now in Year 9 are giving us a headstart for the future,” says the 14-year-old. “By the time I’m in Year ... More >>
CFFC welcomes government crackdown on loan sharks
Wednesday, 10 October 2018, 11:11 am | Commission for Financial Capability
The Commission for Financial Capability (CFFC) welcomes government moves to crack down on loan sharks announced today. “Our community partners work with families every day who are in crippling cycles of debt as a result of the predatory actions ... More >>
Scams and fraud: We need to stop blaming the victims
Wednesday, 3 October 2018, 4:07 pm | Commission for Financial Capability
A fraud educator says the stigma carried by victims of scams worsens the crime’s far reaching effects, and blame for this type of fraud needs to shift to the offenders. Bronwyn Groot, Fraud Education Manager at the Commission for Financial Capability ... More >>
What we don't know about KiwiSaver
Tuesday, 2 October 2018, 10:23 am | Commission for Financial Capability
An estimated 800,000 KiwiSaver members do not know which fund they’re in, and half that number don’t know how much they’re contributing each payday, or their total balance. The figures are even worse for women when broken down by gender. A survey ... More >>
Little Black Book a first in the fight against scams
Thursday, 6 September 2018, 9:50 am | Commission for Financial Capability
New Zealanders have a new weapon in their defence against scammers – a booklet detailing different types of scams, how to avoid falling for them, and what to do if you’re caught. The Little Black Book of Scams has been produced by the Commission ... More >>
Will they, won’t they – half of Kiwis have no will
Monday, 3 September 2018, 2:55 pm | Commission for Financial Capability
Will they, won’t they – half of Kiwis have no will Fewer than half of Kiwis have a will to protect their loved ones after they die, and the figures are worse for women, Māori and Pasifika. A survey of 2000 New Zealanders by the Commission ... More >>
