NZ govt claims super scheme in jeopardy under National
NZ - New Zealand's Labour government believes its universal superannuation scheme may be in jeopardy if the National Party opposition wins government at the next election.
Finance minister, Dr Michael Cullen, said although everyone was looking forward to one day being entitled to the universal New Zealand superannuation scheme, there was a worrying drift in National Party...
More on New Zealand
NZ Super down by 11%
NEW ZEALAND - The New Zealand Superannuation fund has returned -11% for the third quarter of 2011.
New Zealand Super up 25% in year to June
NEW ZEALAND - The New Zealand Superannuation Fund rose by 25% in the year to June to hit a new high of NZ$19.03bn ($14bn), its annual report shows.
Northern Trust appoints Australasia head
AUSTRALIA/NEW ZEALAND - Northern Trust has appointed Rohan Singh as managing director of its Australia and New Zealand business.
New Zealand Super returns 25.05% in past year
NEW ZEALAND - The New Zealand Superannuation fund has returned 25.05% for its fiscal year ending June 2011.
New Zealand supports compulsory KiwiSaver membership
NEW ZEALAND - More than half (57%) of New Zealanders believe that KiwiSaver membership should be compulsory, according to research released by the Financial Services Institute of Australasia (Finsia).
