The first survey launched in 2006, showed that while New Zealanders’ financial knowledge is reasonable overall, many New Zealanders still did not know the basic facts about everyday financial matters.
Retirement Commissioner Diana Crossan says that we need to continually improve our understanding of financial matters to ensure that we all have the skills to make informed decisions about managing money.
“Sound financial knowledge is more important than ever before given the current economic climate,” said Diana Crossan.