Retirement Commissioner Jane Wrightson will step down from her role next year following the conclusion of her second term.

Wrightson has advised Minister of Commerce and Consumer Affairs Scott Simpson that she will not seek reappointment after nearly six years leading the Retirement Commission.

During her time as commissioner, Wrightson prompted the first substantive review of the Retirement Villages Act 2003, with a decision expected on legislative changes by the end of 2025.

She also recommended employer and employee KiwiSaver contributions increase to 4% and for 16- and 17-year-olds to be included – something that was confirmed in Budget 2025.

Wrightson said she was proud of what’s been achieved during her time in the role.

“I can’t do anything without a great team, and while we might be small, over the years have achieved some big wins.

“Our high-quality research and analysis provide evidence for considered policy change. We ensure it’s public so that people can rely on it to inform themselves and their ideas.

“It’s been a privilege to hold this position, and I’d like to thank my team, the ministers I’ve worked with, and our sector partners and stakeholders that help us to improve the financial futures of New Zealanders so a better retirement can be enjoyed by all.”

Simpson said recruitment for the next Retirement Commissioner would begin shortly.

“I would like to thank Jane Wrightson for her leadership and for the way she’s advocated for better financial capability and retirement outcomes for New Zealanders. I wish her all the very best for the future.”

Wrightson also championed the compulsory inclusion of financial education in schools, which was announced in April 2025.

“Years of championing for a stronger focus on financial education in schools has been heard, and it will be a game-changer for the next generation’s financial wellbeing,” she said.

Wrightson was reappointed for her second term in 2022.