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Lost Aussie super could add $5bn to KiwiSaver
Wednesday 6th of August 2008
According to Vance Arkinstall, Investment Savings and Insurance Association (ISI) chief executive, about A$15 billion of unclaimed superannuation savings sits in holding funds in Australia of which up to 25% might belong to New Zealanders who have returned home.Arkinstall said the Australian Minister of Superannuation, Nick Sherry, has agreed in-principle to allow New Zealand residents who ha...
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