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Story perspectives

Retirement Poverty Hits UK Migrants in New Zealand

12/28/2025

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Story summary
  • Bob Newcombe and his wife Jan face retirement poverty after losing £100,000 under New Zealand's direct deduction policy.
  • They emigrated from Britain to New Zealand in 1970 as part of the '10 Pound Poms' program.
  • The program aided post-war British migrants.
  • Newcombe, now 83, has pursued a lengthy legal battle to recover losses.
  • Despite challenges, he remains positive about emigrating, citing a desire for change.