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BNZ helps the exodus

Thursday 30th of July 1998
Bank of New Zealand Financial Services has decided to take a proactive step and help investors switch out of insurance bonds now the Government has removed the superannuation surcharge.
Chief manager Terry Millett says the bulk of money which went into its Set Up Super Bonds, Roll Over Super Bonds and Mortgage Backed Insurance Bonds was because they were surcharge effective vehicles.
Mille...
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