Campaigners aim to bring down elder poverty

Organisers of a new campaign targeting old-age poverty say there is a portion of older New Zealanders heading towards retirement who aren’t prepared.

‘‘ A lot of people heading towards retirement are not financially secure,’’ Not So Super-Annuation? campaigner Khim Vann said.

Vann is one of 15 University of Waikato students behind the initiative to encourage financial self-sufficiency for New Zealand- ers heading towards retirement.

‘‘What we wanted to create is an awareness among the target audience of 45-55-year-olds, to start saving now.’’

A key message is that retirees cannot rely on superalone.