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...

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