SUPPLIED
Hendrik Wentzel with his wife Sunel, his parents Nicolette and Jannie. The family s finances are threatened by a proposed law that would make Nicolette and Jannie wait 10 more years for NZ Super.
Migrants who have made New Zealand their home are protesting over “inhumane” proposals that would make older migrants wait 10 more years for NZ Super. African-born Hendrik Wentzel, an engineer with Ballance Agri-Nutrients, says his parents Jannie and Nicolette Wentzel enable him and his healthcare worker wife Sunel to make their contribution to the economy of their adopted home. Wentzel, born in Nambia, moved to New Zealand in 2007 from South Africa, and were joined in 2015 by his parents, who are now in their 70s.
NZ Super Releases White Paper on 2020 Reference Portfolio Review
Posted on 01/19/2021
The Guardians of New Zealand Superannuation, the Crown entity that manages the NZ Super Fund (New Zealand Superannuation Fund), has published a white paper documenting the outcome of its 2020 review of the Fund’s Reference Portfolio.
According to the press release, “The Reference Portfolio is the basis on which the majority of the Fund is invested, and represents the single biggest driver of Fund returns. It is designed to gain broad, low cost access to listed global investment markets, in order to maximise the Fund’s returns without undue risk to the Fund as a whole. It is also a benchmark for active investment.
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Institutional Excellence Awards 2020: Why NZ Super and CPIC impressed
AsianInvestor reveals why New Zealand Super stood out among Australia/New Zealand asset owners and how China Pacific Life impressed across Greater China.
The seventh annual Institutional Excellence Awards encompassed one of the most challenging periods for investment in living memory. Standout asset owners during this period have had to be nimble and responsive as conditions sharply deteriorated in late February and March, only to offer investment opportunities in fits and starts from April even as the global economic environment continued to struggle and a US presidential election reached its crescendo.
Ardern was asked whether the Government’s latest and ongoing housing policy reset was really only wanting house price inflation to moderate to around last year’s 4 per cent rise, rather than for house prices to actually fall. What would be so bad about a fall in house prices, she was asked. “It is much more sustainable to have those much smaller increases. I think people expect that you see that in the market,” Ardern said. “What we also accept is that for most New Zealanders, their house is their most significant asset. So if you see, for instance – as was predicted at the beginning of the year – a significant crash in the housing market, that impacts, of course, people’s most significant asset,” she said.