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Te Ara Ahunga Ora Retirement Commission (formerly Commission for Financial Capability), is a Crown entity under the New Zealand Crown Entities Act 2004. [1] The Commission provides financial education and information to residents of New Zealand, advises government on retirement income policy, and monitors the effectiveness of the Retirement Villages Act 2003.
The Superannuation Fund was created by the New Zealand Superannuation and Retirement Act 2001 [5] on 11 October 2001 by Michael Cullen, who was then Minister of Finance under the Fifth Labour Government, and is colloquially known as the "Cullen Fund". [6] The sovereign fund posted a record 25.8% return in the twelve months till 30 June 2013. [7]
On 1 March 2010, MSD established a Senior Services division. On 1 February 2011, the Office of the Community and Voluntary Sector was relocated from MSD to the Department of Internal Affairs. In July 2011, the Ministry of Commerce assumed responsibility for the Retirement Commission, which had previously been under MSD. [6]
Superannuation in New Zealand This page was last edited on 12 May 2022, at 23:30 (UTC). Text is available under the Creative Commons Attribution ...
New Zealand Superannuation Fund; O. Organised and Financial Crime Agency of New Zealand This page was last edited on 17 September 2019, at 02:43 (UTC). ...
The Superannuation and other Trust Funds (Validation) Act 1927 (17 & 18 Geo. 5. c. 41) The Superannuation Act 1914 (4 & 5 Geo. 5. c. 86) The Superannuation Act 1909 (9 Edw. 7. c. 10) The Overseas Superannuation Act 1991 (c. 16) The British Council and Commonwealth Institute Superannuation Act 1986 (c. 51) The Local Government Superannuation Act ...
[1] [12] National Superannuation was renamed New Zealand Superannuation in 1993. The age of eligibility became 61 in 1992, then gradually increased to 65 between 1993 and 2001. [12] [14] Those receiving New Zealand Superannuation can receive some subsidised goods and services through use of the SuperGold Card. [15]
Anne-Maree O'Connor is a New Zealand investment banker. [1] She has been Head of Sustainable Investment for the New Zealand Superannuation Fund since 2006. [ 1 ] In 2017 she was ranked eighth among the world's most influential responsible investment specialists.