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12 Aug 2022 6:48
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  •   Home > News > Business

    New Zealanders are being advised to keep an eye on their retirement savings

    New Zealanders are being advised to keep an eye on their retirement savings


    The Super Fund is performing worse than forecast.

    Treasury's latest Crown accounts show the 56-billion dollar fund's poorer than expected result has added 2.2 billion dollars to the Government's net debt in the 10 months to April.

    But it is still doing well, delivering a 10-percent return this year before tax and after costs.

    Superannuation expert Jonathan Eriksen says people should be actively involved in their savings.

    He says it means investors can pick better stocks, but they have to pick the right one - and that's easier said than done.

    © 2022 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Richie Mo'unga will start at first-five for the All Blacks in Sunday's Rugby Championship match against the Springboks at Johannesburg - Beauden Barrett is on the bench More...


    BUSINESS BUSINESS
    Gas users and experts call for federal crackdown on east coast 'gas cartel' More...



     Today's News

    Entertainment:
    Tom Grennan has "recovered" from the unprovoked attack he suffered in April 6:20

    Rugby:
    Richie Mo'unga will start at first-five for the All Blacks in Sunday's Rugby Championship match against the Springboks at Johannesburg - Beauden Barrett is on the bench 6:19

    Politics:
    Surprise about scathing bullying allegations from a back-bench Labour MP 5:59

    Entertainment:
    Kim Kardashian is "very supportive" of Pete Davidson's decision to attend therapy 21:50

    Entertainment:
    Ben Affleck's house is for sale for $30 million 21:20

    Law and Order:
    A search continues for missing Waikanae Beach man 21:19

    International:
    The Loop: Defence royal commission interim report released, Donald Trump invokes the Fifth Amendment, and Spider-Man turns 60 21:09

    Entertainment:
    Normani has "real life s*** going on in [her] personal life" 20:50

    Entertainment:
    Raymond Briggs has died at the age of 88 20:20

    Entertainment:
    Olivia Wilde has won her custody battle against her ex Jason Sudeikis 19:50


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