The Greens are labelling as “crazy” the decision to risk more than half of the New Zealand Superannuation Fund on offshore stockmarkets.

Some background questions and answers relating to the New Zealand Superannuation Fund.

Finance Minister Michael Cullen said the investment strategy devised for the New Zealand Superannuation Fund by the Board of Guardians and made public today met the requirements of the law.

The New Zealand Superannuation Fund today said it would spread its investments widely to deliver on its goal to maximise its returns for the future benefit of all New Zealanders.

Invercargill

Wellington

In what appears to be a major blue the New Zealand Superannuation Fund has prematurely released its targeted asset allocation model.

Wanganui

In what appears to be a major blue the New Zealand Superannuation Fund has prematurely released its targeted asset allocation model.

Christchurch

Wellington

Christchurch

Tower Managed Funds general manager Richard Baker is critical of fellow fund managers who have aggressively pushed the tax angle on their Australian unit trusts (AUTs).

Auckland

Auckland