About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Wednesday, June 19th, 7:07AM
rss
Latest Headlines

English sheds super role

Bill English's shake-up of the National Party line-up has produced some interesting results in the superannuation area.

Saturday, October 13th 2001, 7:49AM

Although Bill English may have kept the reins of the finance portfolio for now, he has given away responsibility for superannuation to the new number four in National's line-up.

Gerry Brownlee (left), the only Jenny Shipley supporter to win in the shake-up, has shed the education spokesman's role, but picked up superannuation as well as Accident Insurance and becoming Leader of the House.

The other interesting development is that National has done away with two superannuation spokespeople.

Under the earlier line up English was responsible for superannuation issues for those in or near retirement, and Kaikoura MP Lynda Scott looked after super for the younger generations.

This double up had previously led to speculation that National would retain the policy of '65 at 65' (keeping the age of eligibility for NZ Super at 65, and maintaining the rate at 65% of the average weekly wage) for those in or nearing retirement, but try to introduce the idea of some form of means or asset testing for younger people who had time to prepare and save for retirement.

Scott mow has senior citizens, disability issues, associate health and associate welfare..

Who is Gerry Brownlee?


Brownlee is a former carpenter and teacher. He entered Parliament in 1996 when he won the Christchurch seat of Ilam.

In Parliament he was the deputy chairman of the Social Services select committee from 1996-1998, and member of the Transport and Industrial Relations Committee from 1998 – 2001. At the end of 1998 he chaired the special committee set up to make changes to the provision of workplace injury insurance under the ACC Act.

In 1998 he was appointed junior whip, a position he held until the Caucus re-shuffle in February 2001, when he was promoted to National Party spokesman on Education and ranked number seven in caucus.

« New leader English gives his view on superAMP & Good Returns launch superannuation website »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
  • Massey considers financial planning degree
    “Have done the survey very disappointing all questions were asked as to what is important to an Employer - for goodness sake...”
    2 days ago by Frustrated
  • Commission regulation unlikely: Tate
    “Commentators here should also read "Churn in Australian watchdog's sight" comments. There seems to be a common theme going...”
    2 days ago by Concerned Stakeholder
  • Commission regulation unlikely: Tate
    “Mike Naylor - I agree you didn't baldly state "commission is bad" though it is implied, you DID in fact say " the insurance...”
    2 days ago by MJS
  • Churn in Australian watchdog's sights
    “Well said Barry - the key to any advice is "is it in the clients best interests". If it is and the adviser gets to earn...”
    2 days ago by Concerned Stakeholder
  • Massey considers financial planning degree
    “Great idea! As long as there is an opportunity for those of us with existing commerce degrees to cross credit, do the additional...”
    2 days ago by Degree holder
Subscribe Now

News and information about KiwiSaver

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AMP Home Loans 6.24 5.25 4.99 5.65
AMP Home Loans $200k+ 6.14 5.15 4.89 5.55
ANZ 5.74 5.25 5.45 5.80
ANZ Special - 4.95 - -
ASB Bank 5.75 5.19 5.45 5.75
ASB Bank Special - 4.95 - -
Bank Direct Special - 4.95 - -
BankDirect 5.75 5.19 5.45 5.75
BNZ - Classic - - 5.40 -
BNZ - GlobalPlus 5.99 5.25 5.65 5.80
BNZ - Mortgage One 6.40 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Rapid Repay 5.99 - - -
BNZ - Std, FlyBuys 5.99 5.25 5.65 5.80
BNZ - TotalMoney 5.74 - - -
Credit Union Auckland 6.20 - - -
Credit Union Baywide 5.85 5.45 5.45 -
Credit Union North 6.45 - - -
Credit Union South 5.75 - - -
eMortgage 6.04 6.15 6.69 7.19
Fantastic Home Loans 5.74 5.19 5.40 5.75
Fidelity Life 5.70 5.85 6.35 -
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 5.65 ▼4.95 4.99 5.65
Heartland 5.95 6.25 6.50 7.10
Heretaunga Building Society 5.75 5.25 5.65 -
Housing NZ Corp 5.75 5.25 5.40 5.74
HSBC Premier 5.99 4.99 5.25 5.45
HSBC Premier Special - - - -
Kiwibank 5.65 4.89 5.25 5.65
Kiwibank - Capped 5.65 6.50 - -
Kiwibank - Offset 5.50 - - -
Lender Flt 1yr 2yr 3yr
Liberty 5.64 - - -
Napier Building Society 5.80 6.00 6.70 -
Nelson Building Society 6.45 5.95 6.25 -
NZ Home Loans 5.85 5.25 5.45 5.75
Perpetual Trust 7.70 - - -
RESIMAC - lo doc 6.59 6.35 6.55 6.90
RESIMAC LVR <80% 5.59 5.35 5.55 5.90
SBS Bank 5.65 ▼4.94 4.99 5.65
Silver Fern 5.95 6.10 6.55 7.05
Southern Cross 5.95 6.25 6.50 7.10
Sovereign 5.85 5.19 5.45 5.75
Lender Flt 1yr 2yr 3yr
The Co-operative Bank 5.70 ▼4.94 5.35 5.75
The Co-operative Bank Special - - - -
TSB Bank 5.79 5.25 5.30 5.75
TSB Bank Special - ▼4.88 - -
Wairarapa Building Society 6.20 6.70 6.95 -
Westpac 6.24 5.19 5.45 5.90
Westpac - Capped rates - 6.50 - -
Westpac LVR >80% - 4.94 - -
Median 5.85 5.25 5.45 5.75

Last updated: 16 June 2013 9:53pm

News Quiz

The Serious Fraud Office alleges David Ross operated a $400 million Ponzi scheme. Preliminary investigations by receivers has revealed actual investments of how much?

$102 million

$10,200

$10.2 million

$102,000

$1.02 million

MORE QUIZZES »

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