Financial Advice NZ is calling for submissions from across its membership to help it form a response to the government’s proposed income insurance scheme.
The organisation’s CEO Katrina Shanks held a webinar to discuss the plan, during which a vote showed mixed feelings for the scheme that would see those out of work – through no fault of their own – paid 80% of their salary or wages for up to seven months.
The Financial Advice NZ poll showed 23% of those who voted support the scheme, 37% do not, and 40% are unsure.
“We received a lot of valuable feedback which we are collating for our submission due 26 April,” says Shanks.
If you would like to contribute to Financial Advice NZ’s submission then click here.
See our story: Government Launches Consultation on State-Backed Income Insurance Scheme