KiwiSaver
Trans-Tasman superannuation portability all but signed off
Thursday 16th of July 2009
The scheme will be voluntary and transfers will only be allowed between KiwiSaver funds in New Zealand and Australian superannuation funds overseen by the Australian Prudential Regulation Authority. The ministers signed memorandum of understanding which is expected to be ratified in the middle of next year.
"Each individual will need to carefully weigh up the implications of the choice,...
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