Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 22 results for "NZ Superannuation"

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... argued that an exodus from fossil fuel producers would not result in lower returns. "In 2017, the $47 billion NZ Superannuation Fund adopted a climate change investment strategy that resulted in it removing more than $3 billion worth of stocks that exceed ...

IOOF future uncertain: Morningstar

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
The planned sale of ANZ Wealth to IOOF is under threat as a result of the uncompromising action of APRA. As such, Morningstar has placed the stock IOOF Holdings under review. Morningstar described the action brought against IOOF by APRA as a major hit ...

NZ Super tackles climate change

DARREN SNYDER  |  THURSDAY, 20 OCT 2016
... investment opportunities for long-term investors that we intend to capture." The fund's manager, the Guardians of NZ Superannuation, will incorporate climate change considerations into investment analyses and decisions, for example into valuation models ...

NZ Super weighs equity market capacity

DARREN SNYDER  |  TUESDAY, 22 SEP 2015
... equities managers considering the fund's significant allocation to the local share market. The Guardians of NZ Superannuation, the entity that manages the NZ$29.5 billion fund, said its current allocation to NZ equities accounts for about 2% of total ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
... Contribution (LISC) scheme, lifting the contribution cap, removing the upper age limit for contributions, Australia-NZ superannuation portability, MySuper and FOFA, and the Superannuation Charter. "A 30 year old on average earnings today will be $127,000 ...

NZ Superannuation Fund excludes four firms from portfolio

LINDA HAUSKEN  |  WEDNESDAY, 26 SEP 2012
... from the fund's portfolio include Freeport-McMoRan, KBR, Tokyo Electric Power Company and Zijin Mining Group. NZ Superannuation Fund said this decision were based on information from its specialist screening agency which identified where the companies ...

NZ Superannuation completes five new hires

LINDA HAUSKEN  |  WEDNESDAY, 19 SEP 2012
Gavin Walker has been appointed chair of the Guardians of the New Zealand Superannuation, the Crown Entity which manages the $19 billion fund. Gavin is currently the chairman of ASB Bank, Sovereign Insurance, CommSec, the Kirin International Advisory ...

Lift NZ retirement age to 67

ALEX DUNNIN  |  WEDNESDAY, 8 DEC 2010
... the NZ Parliament this week. Retirement Commissioner Diana Crossan said the change was critical to make the NZ superannuation system sustainable. "Something will have to change to keep New Zealand Super affordable for the long term. We know that there's ...

NZ Super axes AXA Rosenberg mandates

MICHELLE BALTAZAR  |  THURSDAY, 11 FEB 2010
... withdrew two long-standing mandates with AXA Rosenberg. Today the guardians of the $13 billion (NZ$16 billion) NZ Superannuation Fund has terminated the small-cap equity mandate, which AXA Rosenberg held since 2004, and the equities long-short mandate ...

Future Fund on the defense

... figureheads including former QIC chief strategist Tony Day, former UniSuper executive Gary Gabriel and former NZ Superannuation Fund executive Steve Byrom. How and when the fund will allocate its $37.85 billion in cash remains to be seen although the ...