About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, August 28th, 8:43AM
rss
Latest Headlines

Super women

Women in senior positions in the superannuation industry have just launched a national body with a key aim of promoting the super needs of women to decision-makers.

Wednesday, April 4th 2001, 11:22PM

by Paul McBeth

Women in senior positions in the superannuation industry have just launched a national body with a key aim of promoting the super needs of women to decision-makers.

The organisation's launch, in Wellington last night, certainly attracted some high-powered support, with Attorney general Margaret Wilson, Labour's Ruth Dyson and National Party leader Jenny Shipley among those to attend.

The non-profit Women in Super (Wahine Whakamoamoa) was inspired by a similar Australian organisation, set up around a decade ago. More than 100 women have already registered interest in the New Zealand group, which is currently based in Wellington. An Auckland branch will be launched shortly.

Women in Super spokeswoman Linda McCulloch, who is the head of superannuation strategy for AMP Financial Services, says that more than half of New Zealand women will be single or living alone by age 65.

"To be prepared, they must explore ways of being financially independent and superannuation is one way they can achieve that. Most women are still very active at 65 and NZ Super will only provide a basic income in retirement.

"We will be vigorously promoting the idea that women need to provide additional funds for themselves if they want dignity, choice and quality of life in retirement."

Linda McCulloch says that the ideal vehicle for that was an employer-sponsored super scheme.

"We know that uptake in these schemes averages 65 per cent and the majority of those that choose not to join are women."

Women in Super intends to represent women's super needs to politicians, those developing super products and services, to unions, employer organisations, trustees, regulators and other business groups. Its national network is also aimed at increasing the number of women in decision-making positions within the super industry and to promote education and training.

Women in Super's management committee includes: Linda McCulloch, Colonial First State corporate marketing manager Rosemary Hambling, AXA New Zealand staff superannuation scheme trustee Barbara Pope, KPMG Legal senior associate Tracey Cross, and Global Retirement Trust general manager Louise Gibson.

For the latest news on Superannuation and what is happening with the Government's plans to prefund super visit www.supertalk.co.nz

Latest stories include:


  • Winston Peters's latest take on the subject

  • Plus practical ways to avoid the 39c tax rate

  • Paul is a staff writer for Good Returns based in Wellington.

    « Fund managers and IRD in Mexican Stand OffSovereign takes regulation bull by the horns »

    Special Offers

    Commenting is closed

     

    print

    Printable version  

    print

    Email to a friend
    News Bites
    Latest Comments
    • Higher standards imposed on advisers
      “Can I make a plea that in future, whenever the word "standards" is used, the sense in which it being applied is spelled out. In...”
      19 hours ago by Murray Weatherston
    • Advisers must be better than 10 years ago: FSC
      “The more things change the more they stay the same. Good investment advice has always been about serving a clients best...”
      1 day ago by Wayne Ross
    • FMA eyes terminated funds
      “Why would investors carry losses for what appears to be poor oversight of a subcontractor by a service provider? Very damaging...”
      2 days ago by R1
    • Van Eyk shareholder wants out
      “Unfortunately the future of van Eyk's funds management business (Blueprint) will no doubt impact upon the future of their...”
      3 days ago by Hmmmm
    • KiwiSaver – opportunity, threat or both?
      “NZ Kiwisaver is still very young by international standards. Fees must be lower, as will happen with increased funds, as...”
      5 days ago by vital99
    Subscribe Now

    Weekly Wrap

    Previous News

    MORE NEWS»

    Most Commented On
    Mortgage Rates Table

    Full Rates Table | Compare Rates

    Lender Flt 1yr 2yr 3yr
    AMP Home Loans 7.24 5.99 6.39 6.65
    AMP Home Loans $200k+ 7.14 5.89 6.29 6.55
    AMP Home Loans LVR <80% - - 5.85 6.29
    ANZ 6.74 6.05 6.49 6.65
    ANZ LVR > 90 6.74 6.55 6.99 7.15
    ANZ Special - - 5.99 -
    ASB Bank 6.75 6.09 6.40 6.65
    ASB Bank Special - - 5.99 -
    BankDirect 6.75 6.09 6.99 6.65
    BankDirect Special - - 5.99 -
    BNZ - Classic - - 5.99 6.25
    Lender Flt 1yr 2yr 3yr
    BNZ - GlobalPlus 6.74 5.99 6.39 6.59
    BNZ - Mortgage One 7.15 - - -
    BNZ - Rapid Repay 6.74 - - -
    BNZ - Std, FlyBuys 6.74 5.99 6.39 6.59
    BNZ - TotalMoney 6.74 - - -
    Credit Union Auckland 6.70 - - -
    Credit Union Baywide 6.45 5.90 6.50 -
    Credit Union North 6.45 - - -
    Credit Union South 5.75 - - -
    eMortgage 6.04 6.15 6.69 7.19
    Finance Direct 6.10 6.45 6.69 7.10
    Lender Flt 1yr 2yr 3yr
    First Credit Union 6.45 - - -
    General Finance 5.95 6.25 6.50 7.10
    HBS Bank 6.15 5.85 5.99 6.25
    HBS Special - - - 5.95
    Heartland 6.45 6.75 7.00 7.60
    Heretaunga Building Society 6.25 5.85 6.50 -
    Housing NZ Corp 6.74 5.99 6.19 6.60
    HSBC Premier 6.84 5.95 5.95 6.55
    HSBC Premier LVR > 80% - - - -
    HSBC Special - - - -
    ICBC 6.75 5.99 6.39 -
    Lender Flt 1yr 2yr 3yr
    Kiwibank ▲6.65 5.99 6.39 6.65
    Kiwibank - Capped 5.65 6.50 - -
    Kiwibank - Offset ▲6.55 - - -
    Kiwibank LVR > 80% - - ▼5.89 -
    Liberty 5.64 - - -
    Napier Building Society 5.80 6.00 6.70 -
    Nelson Building Society 6.95 6.15 6.60 -
    NZ Home Loans 6.85 6.09 6.40 6.65
    Perpetual Trust 7.70 - - -
    RESIMAC LVR < 80% 6.59 ▲6.35 ▲6.58 ▼6.77
    RESIMAC LVR < 85% - - - -
    Lender Flt 1yr 2yr 3yr
    RESIMAC LVR < 90% - - - -
    RESIMAC LW DOC - - - -
    SBS Bank 6.15 5.85 5.99 6.25
    SBS Bank Special - - - 5.95
    Silver Fern 5.95 6.10 6.55 7.05
    Sovereign 6.85 6.09 6.40 6.65
    Sovereign Special - - 5.99 -
    The Co-operative Bank 6.70 6.00 6.00 6.25
    TSB Bank 6.74 6.00 6.19 6.60
    TSB Special - - 5.80 -
    Wairarapa Building Society 6.20 5.75 5.95 -
    Lender Flt 1yr 2yr 3yr
    Westpac 6.59 6.09 6.39 6.65
    Westpac - Capped rates - 6.74 6.99 -
    Westpac - Offset 6.59 - - -
    Westpac Special - - 5.99 6.19
    Median 6.68 6.03 6.39 6.65

    Last updated: 26 August 2014 6:28am

    News Quiz

    Pathfinder's monthly commentary questions whether world equity markets are in bubble territory given the S&P500 has done what since "the grim days of early 2009"? Their answer is worth reading!

    increased 139%

    increased 93%

    increased 39%

    increased 19%

    increased 193%

    MORE QUIZZES »

    About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
     
    Site by PHP Developer and eyelovedesign.com