News

New government will have impact on financial services

Tuesday 18th of October 2005

The impact on superannuation is less than it might have been. New Zealand First’s policy was for a rise in the payment, from its present level of 65% of the average wage to 72.5%, and late last week the party thought it could get 68%.

For now, at least, the party has an increase of 66% from April. which will cost $80 million a year, says Finance...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.