Business School


Read brief profiles about the speakers and session chairs (in speaking order) at the RPRC Forum: Retirement incomes policy: The future is now.


Diane Maxwell was appointed Retirement Commissioner in June 2013 for a three year term. Her previous role was Head of Stakeholder Management at the Financial Markets Authority (FMA) where she worked on: the role of regulation locally and globally post GFC and the relationship between compliance, regulation, an informed investor, improved disclosure and product innovation. Prior to the FMA Diane was Head of Brand and Corporate Affairs at Bank of New Zealand, where she worked on financial literacy and responsible lending, alongside privacy breaches, product development, and legislative and compliance changes including: FAA, AML, review of CCCFA, Securities Act and Consumer Law. Previous roles have included Partner at Michaelides and Bednash in London, Media Director at Saatchi and Saatchi NZ, and trans-Tasman consultant delivering research and analysis for the banking, media and telecommunications sectors.

Andrew Ford has worked at Heartland Bank, through its legacy entities, for almost 15 years in a variety of roles. Andrew is responsible for Heartland’s retail network, which is primarily focused on depositors and Home Equity Release lending. Heartland entered the Home Equity Release market in New Zealand through the acquisition of Sentinel in April, and is committed to growing this sector. It offers seniors the ability to stay in their own home and do the things they have always wanted to do in their retirement. Andrew has a Bachelor of Commerce from Otago, majoring in Finance and Economics.

Michael Littlewood BA, LLB, co-director of the Retirement Policy and Research Centre, is principal editor of Until his 2008 retirement, he was an adviser, manager and service supplier to employers on employee benefit issues in several countries and over many years. He is still deeply involved in the debate on public policy for both public and private retirement incomes. Michael has written extensively on aspects of public and private provision for retirement, including How to Create a Competitive Market in Pensions – the International Lessons (London, 1998).

Michael Chamberlain, BSc, FNZSA, FIA, principal of MCA NZ Ltd. Michael is an actuary and an adviser to large investors on strategy. He is also part-owner of Aventine, the ultimate manager of SuperLife (a master trust) and the SuperLife KiwiSaver scheme.

Jeremy Cooper is Chairman, Retirement Income at Challenger Limited, a full time executive role focusing on research, public policy issues and thought leadership. Prior to joining Challenger, Jeremy chaired the ‘Cooper Review’ into the superannuation system, the recommendations of which have been substantially adopted. Before his review role, Jeremy was deputy chairman of the Australian Securities and Investments Commission (ASIC) for five years from mid-2004. Before that, Jeremy was a partner of an Australian law firm, now part of Ashurst.

Patrick Nolan joined the Productivity Commission as a Principal Advisor in the Economics and Research team in February 2014. Before this he spent five years as the Chief Economist of Reform, a cross-party British think tank focused on public services and economic prosperity. He had earlier worked for the New Zealand Institute of Economic Research, the New Zealand Treasury and as an economic advisor to a front-bench minister. He completed his PhD on Working for Families in the School of Government at Victoria University of Wellington.

Alison O’Connell has been a researcher and policy adviser on longevity and retirement income issues since the late 1990s. Before moving to New Zealand in 2006 she was chief executive of the Pensions Policy Institute in the UK. She has also held senior positions at Mercer, Swiss Re and McKinsey. She has a doctorate in the policy implications of longevity risk from Victoria University Wellington, is a Research Associate at Public Finance New Zealand and is a Fellow of the Institute of Actuaries and the New Zealand Society of Actuaries. Alison was appointed to the Board of the Earthquake Commission in September 2013.

Daniel Mussett is an experienced investment consultant and actuary. Over the last four years he has headed a major New Zealand investment consulting team. In this role he provided advice to Crown Financial Institutions, not-for-profit investors, corporate superannuation schemes and KiwiSaver schemes, among others.  Daniel returned to New Zealand in 2010 after five years in Switzerland where he consulted to pension schemes and multinational corporations. He has special interests in post-retirement solutions, community-oriented organisations in the non-profit sector, and in investment governance.

Mark Channon is the head of Mercer's Retirement business in New Zealand, and works as an Actuary providing consulting advice to sponsors and trustees of superannuation schemes.  He is also involved in the production of much of Mercer's commentary on New Zealand’s superannuation environment. Mark was educated in the United Kingdom, where he also worked for Mercer for a short period before emmigrating to New Zealand in 2008.  Mark is a Fellow of the Institute and Faculty of Actuaries and the New Zealand Society of Actuaries.”

Ralph Stewart’s product concept, New Zealand Income Guarantee Limited, is based on combining the best features of asset management and life insurance to provide guaranteed income in retirement. Over the next 15 years, over 500,000 KiwiSavers, with savings totalling at least $36b, reach age 65 and are eligible to withdraw their KiwiSaver balances. For those wanting to convert their capital into regular reliable income the only option available today is a managed drawdown with uncertain returns and no guarantee the retiree will not outlive their capital. Yet in the rest of the OECD new products have emerged to give retirees the option to receive guaranteed income for life without giving up ownership of capital and the option to draw capital sums at will. Ralph has an MBA from Manchester University (1998), and 29 years’ experience in the financial services industry.

Susan St John, PhD, is Co-director Retirement Policy and Research Centre, and Associate Professor in Economics, the University of Auckland. Susan’s New Zealand-focused projects include analysis of suitable decumulation products, tax reforms and the family tax credit system, overseas pensions policy, child poverty and family income assistance, long-term care policy, the role of home equity release, and the economic implications of Accident Compensation. Her research and teaching interests include public sector and retirement policy, international pension systems, tax and welfare, and applied macro-economics. She has developed local, national and international forums for policy debates in accident compensation, welfare, and retirement incomes.


Kathy Peri holds a joint appointment as a senior lecturer at the School of Nursing, University of Auckland, and the Clinical Nurse Director for Health of Older People at the Counties Manuka District Health Board. She holds a PhD in gerontology and her main research interests are centred on improving health outcomes for vulnerable older people. She is currently involved in a number of research projects including health robotics and recently explored the impact of the Canterbury earthquake on older people. Improving quality of life for people with dementia in community and residential care settings is also a current research interest.

Ana-Marie Lockyer heads up ANZ Wealth’s product and marketing teams in New Zealand. She has overall accountability for strategic decisions and performance of the ANZ Wealth product suite while ensuring they meet customer needs.  Ana-Marie is passionate about improving KiwiSaver member outcomes and helping New Zealanders achieve a more comfortable retirement.  Ana-Marie is a Councillor for Workplace Savings.

Margaret Owens is the President of the Retirement Village Association and has been a member of the Executive since 2004. A registered nurse, from 1990 Margaret has been involved in retirement village operations and sales and since 2009 has been the Director of Independent Living for Bupa Care Services. Margaret has experience as a Board of Trustees Chair and an Independent Director of a Retirement Village and is currently Chair of the Catholic Caring Foundation and involved at branch level in policy development for the National Party.

Martin Connolly is Freemasons’ Professor of Geriatric Medicine and Assistant Dean (Waitemata) at the University of Auckland. He trained in the UK and was a Consultant Geriatrician and Senior Lecturer in Geriatric Medicine in Manchester for 15 years before taking up his present position in 2006. His research interests include the epidemiology of ageing and of disability in older people, with a particular interest in residential aged care (rest home and private hospital) use and quality of care. He has published over 230 peer-reviewed academic papers.

Workshop leaders

Judith Davey was Director of New Zealand Institute for Research on Ageing from 2002 to early 2007 and is now a Senior Associate of the Institute of Governance and Policy Studies at Victoria University. Prior to joining the university, she was Deputy Director of the New Zealand Planning Council and a consultant on social policy and social research. Judith, a graduate of London University, did her PhD at Durham University followed by post-doctoral research at the University of Cambridge. Her focus for research is the ageing of the population and its policy implications, including income, housing, workforce and intergenerational issues. Judith has an extensive publication record, including academic papers, books, book chapters and commissioned reports; and has provided advice to policy-making bodies in the public, private and voluntary sectors.

Bridget Browne is a Senior Lecturer in Actuarial Studies at the Australian National University in Canberra.  She joined ANU in 2011 after serving as Life Chief Pricing Actuary at Partner Reinsurance where she was responsible for all aspects of pricing of Partner Re’s Life portfolio worldwide, including long term care insurance in several markets.  Prior to this Bridget worked for Zurich Financial Services and Hazell Carr.  Bridget has been a Fellow of the Institute of Actuaries of Australia since 1992 and the Institute and Faculty of Actuaries of the UK since 2002.  She is an affiliate member of the French Institut des Actuaires and qualified as a Chartered Enterprise Risk Actuary (CERA) in 2014.

Malcolm Menzies is the Group Manager (Research) at the Commission for Financial Literacy and Retirement Income.  In this role, he was responsible for managing the 2013 triennial review of retirement income policies.  Prior to coming to the Commission, Malcolm worked for Victoria Link, the commercial arm of Victoria University of Wellington.  He has also been a secondary school science teacher and ran his own business for a while.  Malcolm’s PhD in Public Policy was awarded by Victoria University’s School of Government in 2009.  He is involved in a long-term project to raise his two teenage daughters’ levels of financial literacy.