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New Zealand Superannuation Fund

Key Says Budget Will See New Spending Reduced

Wellington, May 7 NZPA - New spending will be reduced in the upcoming budget, but it will not be all doom and gloom, Prime Minister John Key said today.

NZ Super Fund Says April Was A Good Month For Investments

NZ Super Fund Says April Was A Good Month For Investments
Wellington, May 7 NZPA - The New Zealand Superannuation Fund recorded its second positive monthly return in April since the world wide recession sent it into a nose dive, the fund's chief executive Adrian Orr said today.

Govt Begins Process Of Greater Control Over Entities Investments

Govt Begins Process Of Greater Control Over Entities Investments
By Ian Llewellyn of NZPA Wellington, May 5 NZPA - Crown entities have been told the Government is going to have a greater say in how much risk they take in making investments, Finance Minister Bill English said today.

Super Fund Invests More In Nz, Via New Direct Capital Fund

Super Fund Invests More In Nz, Via New Direct Capital Fund
Wellington, May 1 NZPA - The New Zealand Superannuation Fund is investing $50 million in Direct Capital IV Fund, which will invest in New Zealand companies.

Govt Signals More Cautious Approach To Investment Policy

Govt Signals More Cautious Approach To Investment Policy
Wellington, April 30 NZPA - The Government wants Crown entities to take a more cautious approach to how they invest. Finance Minister Bill English today pointed out to MPs that the Government has built up almost $30 billion worth of investments in financial markets.

Super Fund Guardians Cautious About Govt's 40 Percent Proposal

Super Fund Guardians Cautious About Govt's 40 Percent Proposal
Wellington, April 22 NZPA - The Government's proposal that at least 40 percent of the assets of the New Zealand Superannuation Fund be invested in this country has been met with reservations from the fund's guardians.

Cullen Draws The Curtain On A 27-Year Long Parliamentary Career

Cullen Draws The Curtain On A 27-Year Long Parliamentary Career
Wellington, April 7 NZPA - The curtain will fall on Michael Cullen's 27-year-long parliamentary career at the end of the month.

English Gives Strong Hint Super Fund Payments Will Be Postponed

English Gives Strong Hint Super Fund Payments Will Be Postponed
By Ian Llewellyn of NZPA Wellington, April 5 NZPA - Finance Minister Bill English has given his strongest hints yet that he intends suspending or reducing payments into the New Zealand Superannuation Fund until the economy improves.

English Warns Banks Over Profits

English Warns Banks Over Profits
Banks should not expect to continue to make large profits when taxpayers are taking on their business risk, Finance Minister Bill English said today.

English Warns Banks They Should Not Be Making High Profits

English Warns Banks They Should Not Be Making High Profits
Wellington, April 2 NZPA - Banks should not expect to continue to make large profits when taxpayers are taking on their business risk, Finance Minister Bill English said today.

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