News

Variable annuities get green light

Friday 11th of December 2015

The new licence is the first of its kind in New Zealand.

It follows three years of work from the Retirement Income Group running Lifetime, including the issue of a new Reserve Bank  solvency standard and a binding tax ruling from the IRD.

Managing director Ralph Stewart said:  “We are very grateful for the help we have received from the advisory community, professional s...

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