About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Friday, October 20th, 6:43PM
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
    • Should lawyers give financial advice?
      “It would be appropriate for Lawyers and accountants active in this space to follow similar CPD to Financial Advisers. Logging...”
      2 days ago by Licensed Adviser
    • Should lawyers give financial advice?
      “Good article, John - and agree with Brett. There is nothing in an LLB or CA qualification that prepares a lawyer or an account...”
      2 days ago by dcwhyte
    • Insurers support robo options
      “I agree it should be permitted. It would certainly help NZ's underinsurance situation. Both Naomi and Fidelity have correctly...”
      3 days ago by Referee
    • Kickbacks to agents shouldn't happen, but do
      “Gee Consumer, is that a problem affecting thousands or is this a rumour you have heard. Here is another rumour. King Country...”
      3 days ago by Bikedude
    • Should lawyers give financial advice?
      “A further thought. In the section “What do lawyers think” I can see it is ok for a lawyer to tell someone to put their...”
      3 days ago by Brent Sheather
    Subscribe Now

    Weekly Wrap

    Previous News

    MORE NEWS»

    Most Commented On
    Mortgage Rates Table

    Full Rates Table | Compare Rates

    Lender Flt 1yr 2yr 3yr
    ANZ 5.79 5.05 5.19 5.49
    ANZ Special - 4.55 4.69 4.99
    ASB Bank 5.80 4.75 4.99 5.29
    ASB Bank Special - 4.39 4.69 4.99
    BNZ - Mortgage One 6.50 - - -
    BNZ - Rapid Repay 5.95 - - -
    BNZ - Special - 4.59 4.69 5.09
    BNZ - Std, FlyBuys 5.90 4.99 5.29 5.59
    BNZ - TotalMoney 5.90 - - -
    Credit Union Auckland 6.70 - - -
    Credit Union Baywide 6.15 5.45 5.50 -
    Lender Flt 1yr 2yr 3yr
    Credit Union North 6.45 - - -
    Credit Union South 6.45 - - -
    Finance Direct - - - -
    First Credit Union 5.85 - - -
    Heartland 6.70 7.00 7.25 7.85
    Heartland Bank - Online - - - -
    Heretaunga Building Society 5.75 5.00 5.20 -
    Housing NZ Corp 5.79 4.75 4.99 5.29
    HSBC Premier 5.79 4.19 4.29 4.89
    HSBC Premier LVR > 80% - - - -
    HSBC Special - - - -
    Lender Flt 1yr 2yr 3yr
    ICBC 5.80 4.59 4.69 5.09
    Kiwibank 5.80 4.95 5.15 5.59
    Kiwibank - Capped - - - -
    Kiwibank - Offset 5.80 - - -
    Kiwibank Special - 4.55 4.65 5.09
    Liberty 5.69 - - -
    Napier Building Society - - - -
    Nelson Building Society 6.10 5.10 5.45 -
    Resimac 5.30 4.86 4.94 5.30
    RESIMAC Special 5.00 - 4.75 -
    SBS Bank 5.89 4.99 5.19 5.59
    Lender Flt 1yr 2yr 3yr
    SBS Bank Special - 4.59 4.69 5.09
    Sovereign 5.90 4.75 4.99 5.29
    Sovereign Special - 4.39 4.69 4.99
    The Co-operative Bank - Owner Occ 5.75 4.55 4.69 4.99
    The Co-operative Bank - Standard 5.75 5.05 5.19 5.49
    TSB Bank 5.80 4.80 5.15 5.45
    TSB Special - 4.55 4.69 4.99
    Wairarapa Building Society 5.70 4.85 4.99 -
    Westpac 5.95 4.99 5.19 5.44
    Westpac - Capped rates - 5.26 5.36 -
    Westpac - Offset 5.95 - - -
    Lender Flt 1yr 2yr 3yr
    Westpac Special - 4.59 4.74 4.94
    Median 5.82 4.78 4.99 5.29

    Last updated: 20 October 2017 6:24pm

    News Quiz

    The maximum remuneration model for Australian life insurance advisers is to be set at what?

    Upfront 40% + trail 20%

    Upfront 50% + trail 10%

    Upfront 50% + trail 20%

    Upfront 60% + trail 10%

    Upfront 60% + trail 20%

    MORE QUIZZES »

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