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The Superannuation Fund was created by the New Zealand Superannuation and Retirement Act 2001 [5] on 11 October 2001 by Michael Cullen, who was then Minister of Finance under the Fifth Labour Government, and is colloquially known as the "Cullen Fund". [6] The sovereign fund posted a record 25.8% return in the twelve months till 30 June 2013. [7]
Te Ara Ahunga Ora Retirement Commission (formerly Commission for Financial Capability), is a Crown entity under the New Zealand Crown Entities Act 2004. [1] The Commission provides financial education and information to residents of New Zealand, advises government on retirement income policy, and monitors the effectiveness of the Retirement Villages Act 2003.
Superannuation in New Zealand This page was last edited on 12 May 2022, at 23:30 (UTC). Text is ... This page was last edited on 12 May 2022, at 23:30 (UTC).
[1] [12] National Superannuation was renamed New Zealand Superannuation in 1993. The age of eligibility became 61 in 1992, then gradually increased to 65 between 1993 and 2001. [12] [14] Those receiving New Zealand Superannuation can receive some subsidised goods and services through use of the SuperGold Card. [15]
The New Zealand Superannuation Fund spent $142 million in 2012 buying out New Zealand Post's 35 per cent shareholding. [5] John Holdsworth stepped down as chairman of the board in 2012 and was replaced by New Zealand businessman Craig Boyce. [6] Datacom was founded as Computer Bureau Ltd in Christchurch, New Zealand, in 1965. It expanded ...
Toll New Zealand (rolling stock and inter-island ferries) Ontrack (track and infrastructure) Formerly New Zealand Rail (1990–1995), Tranz Rail (1995–2002), Toll New Zealand (2002–2008) Kordia: 1 July 1989 Subsidiary of Television New Zealand: Formerly Broadcast Communications Limited or BCL, renamed 2006. Landcorp: 1 April 1987
In 2006 she returned to New Zealand and was appointed Head of Responsible Investment for the New Zealand Superannuation Fund. In 2015 O'Connor was involved with the establishment of a Corporate Governance Forum in Wellington, and its inaugural chair. [4] She also a member of the board of the Responsible Investment Association of Australasia. [5]
[195] [196] In mid-May 2022, the Government reopened New Zealand's borders to various work, visitor and student visa holders. [197] In mid-September the Government scrapped the country's COVID-19 Protection Framework ("traffic light system"); ending face-mask wearing and isolation requirements, and most vaccine mandates. [198]