Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Aventine Announces Michael Littlewood’s Retirement

Aventine Announces Michael Littlewood’s Retirement

Aventine Limited has announced the impending retirement of one of its founders and directors, Michael Littlewood. A co-founding director, Michael Chamberlain, said that Michael Littlewood will be retiring with effect from 31 March 2008.

“However,” said Michael Chamberlain, “Michael will not be lost to either Aventine or the superannuation industry. He will remain as a director of SuperLife Trustee Limited, the trustee of both SuperLife and SuperLife KiwiSaver. He will be spending more of his time on what he loves doing – his role as Co-director of the University of Auckland’s Retirement Policy & Research Centre.”

Michael Littlewood said that it will be hard to cut day-to-day ties with something that has been part of his business life for the last 15 years. SuperLife is one of New Zealand’s fastest growing master trusts but it started life under Michael’s care when he was the Employee Benefits Director at Fletcher Challenge Limited but it was then only for Fletcher Challenge employees. Michael said that SuperLife and the associated SuperLife KiwiSaver now have more than 20,000 members and are now well established and a major provider, so that is very satisfying.

“My passion is now in the public policy area – New Zealand has a lot to teach the rest of the world about both how, and how not to, do things. We have done some things well and other things badly and what I would now like is for New Zealanders to celebrate our successes and recognise what needs fixing.

“I have a couple of other projects that I want to spend time on and I also want to start regular long weekends as part of my next major project – the transition from ‘work to retirement’.”

Michael Chamberlain said that Michael will be missed – especially for his “Littlewood annotates …” versions of documents that he disagreed with or edited in his inimical way. “We will be recognising Michael’s retirement formally in the New Year.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news