Super Fund can expect lower returns over next decade - review

Super Fund can expect lower returns over next decade - review
Paul McBeth
By Paul McBeth Sept. 19 (BusinessDesk) - The New Zealand Superannuation Fund has delivered excellent returns over the past five years, but should expect those to decline in the next decade, says an independent review. Global advisory firm Willis Towers Watson gave the Guardians of New Zealand Superannuation - who manage the fund - a glowing report in the five-yearly review of the scheme, saying it applies best practice and is "more capable of achieving high performance than the vast majority of its peers." The $43.1 billion fund returned...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024