Scoop has an Ethical Paywall
Unions Offer Superannuation Expertise
16 September 2004
Unions Offer Superannuation Expertise
Unions would be happy to lead the way in helping to choose providers for the proposed work-based superannuation scheme, Council of Trade Unions economist Peter Conway said today.
Business New Zealand chief executive Simon Carlaw has raised concerns about the time involved for employers in choosing a superannuation scheme provider.
“Unions have been doing this kind of work for decades and are happy to lend their expertise,” Peter Conway said. “We were involved in the development of the State Sector Retirement Fund scheme and are well aware of the issues involved.”
The CTU would welcome the opportunity to engage in a process with Government and employers in finding appropriate providers, he said.
Peter Conway said that the Harris Report released yesterday also recommended that if an employer was not able to choose a provider then the central administrator of schemes could, and that the regulations which concern employers about perceived liability should be changed.
Workers could, in any case, switch providers, he said.
ENDS
New Zealand Council of Trade Unions
Te Kauae Kaimahi
The New Zealand Council of Trade Unions Te Kauae Kaimahi brings together over 350,000 New Zealand union members in 40 affiliated unions. We are the united voice for working people and their families in New Zealand.
Gordon Campbell: On unemployment, Winston Peters’ low boiling point and music criticism
NZ Government: Government Recommits To Equal Pay
Emily Ireland - Local Democracy Reporter: Deputy Mayor ‘disgusted’ By Response To Georgina Beyer Sculpture
Te Pāti Māori: Māori Unemployment Rate Increases By More Than Four-Times National Rates
Government: Streamlining Building Consent Changes
Koi Tu - The Centre for Informed Futures: If Not Journalists, Then Who?
FIRST Union: May Day, The Biggest Threat To NZ Workers In 2024 Is Our Government
