Brian Gaynor Warns of Disturbing Issues re Super Fund.

NZ Election 2008 – In the Public Interest

The Registrar – Saturday, 18 October 2008

Off the Press …

Brian Gaynor – Herald – warns of Disturbing Issues in Super Fund plan – It is disturbing because it raises the prospect of politicians directing the Super Fund to invest in their pet political projects, regardless of whether these are viable or not. Gaynor adding …

This would be totally inconsistent with the objective of the fund, which is to achieve superior investment returns in order to make a meaningful contribution to the country’s burgeoning national superannuation liability.

To understand the issue we need to look at a number of items including demographics, the establishment of the Super Fund and its mandate. … For more, including comments relevant to this article – Click here

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4 Responses to “Brian Gaynor Warns of Disturbing Issues re Super Fund.”

  1. Allen Taylor Says:

    Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

  2. True Blue retired Says:

    Brian Gaynor’s Warning of disturbing issues about the super fund, and the advice for John Key to keep his hands off the super fund, caused a stir in the retirement village where I am. The blue dots in the village are in deep discussion about this. Some still have their life of loyalty to national to overcome. Others are already talking about the Muldoon years and how their earlier pension fund was taken off them. They agree that John Key might have been listening to some of the old guard in the party that sees the election as a way to gain control of the treasury. I can remember having the odd Gin or two or three, or how many, one of Rob’s frequent chuckles followed with a reminder that he and we Nats held the treasury benches. As a retired True Blue, I cannot support John Key on his wanting to get his hands on the super fund. In hindsight, Brian Gaynor is right to say Muldoon threw out the baby with the bathwater. There is a growing consensus that we just can’t give John Key that chance. Sorry John. Now I suppose my friend might be right, a True Blue turning Pink.

  3. Key and Bowker Says:

    Does anybody know about the link John Key has with Troy Bowker?
    I heard something about Bowker coming to NZ to take over the running of the Super Fund. If there is anything to this story, please don’t keep it to yourself. Could it be part of John Key’s hidden agenda in preparation for his legislating to direct the Guardians to loosen their grip on the Super Fund?

  4. The Registrar Says:

    Thank you Allen – However the credit belongs to Brian Gaynor. I did have the pleasure of following the research and reviewing the relevant information. On this note: We should all thank Brian Gaynor.

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