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Stewart aiming to launch NZIG in October
Thursday 12th of June 2014
Stewart stresses NZ Income Guarantee not an annuity product, however it does provide people with a guaranteed income in retirement.
He says someone who puts $100,000 into the product is essentially topping up their state pension, NZ Super, by 25%.
“Traditional annuities are no longer relevant for investors and providers,” he says. “They require investors to surrender their capital...
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