Finance Minister Michael Cullen has delivered a resounding "no" to calls, some of them from his Parliamentary allies, to invest the New Zealand Superannuation Fund in economic development and infrastructure projects.
Finance minister Michael Cullen is again seriously looking at changes to the tax system to encourage long-term savings.
The Guardians of the NZ Superannuation Fund are considering using private equity as an option for investing the fund.
Nats say superannuation not crucial to economic growth, finance spokesman Don Brash says.
The government is not concerned that the New Zealand Superannuation Fund may be lulling New Zealanders into a false sense of security over retirement savings.
New Zealand investors will be able to enjoy franking credits from Australian investments soon.
Finance minister Michael Cullen has ruled out individual accounts for superannuation, and is promising tax changes in this year's budget.
Government plans to quickly remove some of the red tape around employer based superannuation schemes appear to have hit a Parliamentary snag.
Superannuation is " the big issue, for this government this term" says Auckland-based actuary Jonathan Eriksen, who is just back from advising the Russian government on its pension scheme.
Former Finance Minister Roger Douglas has a new plan for superannuation.
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Rob Hosking
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