Super fund could lose $20b if another GFC hit

Super fund could lose $20b if another GFC hit – Report

In its annual report released today the Super Fund, which was set up in 2003 to help fund the future cost of New Zealand Superannuation, has modelled how much it could lose if another financial

Sharemarket slump continues after big plunge – NZ Herald

• Super fund could lose $20b if another GFC hit – Report • World’s richest man Jeff Bezos loses $14b in stock market plunge. Bond yields, which have spiked over the last week, slid after the

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Judy Ingle (@pill216) | Twitter

Super fund could lose $20b if another GFC hit – Report, via @nzherald https: ‘Significant wintry storm’ forecast to hit the country later this week https://www. tvnz.co.nz/one-news/weath er/significant-wintry-storm-forecast-hit-country-later-week

Dire warning: Big crash could wipe half of NZ Super fund

In its annual report released today the Super Fund, which was set up in 2003 to help fund the future cost of New Zealand Superannuation, has modelled how much it could lose if another financial crisis were to hit. If the GFC was repeated it estimates the fund could lose $20.3 billion or over half (52.6 per cent) of its current $39.4 billion

NZ Super Fund (@NZSuperFund) | Twitter

NZ Super Fund @NZSuperFund The Fund’s purpose is to smooth the tax burden of the rising cost of NZ Superannuation, by investing money today to pay for pension entitlements in the future.

Threat to NZ Super Fund: cut by a half | Otago Daily Times

In its annual report released yesterday, the Super Fund, which was set up in 2003 to help fund the future cost of providing New Zealand Superannuation, has modelled how much it could lose if another financial crisis were to hit.

Matt Whineray’s Doomsday scenario | The National Business

What the Super Fund could lose if another GFC hits, not that the CEO thinks it will.

Industry funds seek disclosure on $20b super fees – ABC News

A report commissioned by the Industry Super Network has found fund members are paying around $20.1 billion in fees each year, with $6.2 billion of that money going to fund managers.

What happens to our super if there’s another GFC? – SMH.com.au

Q I am 67, my husband is 69 and we are both self-funded retirees. We own our home and car and have no debts. We each have $500,000 in Local Government Super in a conservative fund.

The NZ Super Fund’s Matt Whineray on explaining the

The Super Fund’s annual report was issued on Thursday, with the running of this GFC scenario catching the eye. This was even though the Super Fund estimates the massive losses could be recouped within about 20 months.

Superannuation: returns set to take a hit in 2016

The ASX goes up and up and down like a yo yo, so too do Super fund balances, that’s life folks. I like to watch and see what will happen, it’s funmaybe all super funds will go broke and members lose all, maybe the funds will grow and members earn.

The $22 billion fiscal hole – Whale Oil Beef Hooked

However, for the government, there could be a real headache coming. If the tax take from the Super Fund falls, it could be a significant hit to their revenue stream. We all know what that might mean. The way they have been splashing money around everywhere, including the Pacific, they could run out of other people’s money to spend really fast.

Why the NZ Super Fund Should “Invest” in Gold – Gold

See how another financial crisis could cause the NZ Super Fund to lose over 50% in value. And why we believe the fund guardians should have an exposure to physical gold as …