KiwiSaver

Super fund set to be big earner

Tuesday 18th of November 2003
The New Zealand Superannuation Fund's annual report makes it clear that the impact of this multi-billion fund will be quite major for future governments - and taxpayers.

The fund has the performance goal of beating the risk free rate of return by 2.5% annually over rolling 20-year periods.

The hurdle mightn't sound high, but chairman David May warns it's not an easy goal.

He says in the a...

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