New Zealand Superannuation Fund


A sovereign wealth fund that funds a pension for all New Zealanders who are over 65. Given an aging population, the fund's purpose is to smooth the tax burden between generations. It was created in 2001. Also called the Cullen Fund.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
New Zealand Exchange Limited (NZX) news agency