Commission for Financial Capability


The Commission for Financial Capability, is a Crown entity under the New Zealand Crown Entities Act 2004. The Commission works to improve the financial capability of all New Zealanders throughout their lives through education, information and promotion.

Overview

The Commission for Financial Capability 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 central government and has an annual budget of around $NZ5.9m.
The Commission's activities include:
The Commission for Financial Capability is the office of the Retirement Commissioner, Diane Maxwell. She was appointed by the Minister of Commerce for a three-year term from 1 July 2013 and again in June 2016 for a further three-year term. Diane was Head of Stakeholder Management for the Financial Markets Authority, and before that, the Head of Brand and Corporate Affairs at the Bank of New Zealand.
Previous Retirement Commissioners are: