:: SuperNews - Posted 21 June 2005

Superannuation Announcement

Barry Dent, Scheme Secretary of the New Zealand Fire Service Superannuation Scheme advises members of the scheme's performance over the last 12-months.

The 2005 Trustee Annual Report will confirm the following after tax and expenses performance for the year ended 31 March 2005:

  • Main Portfolio: +4.59% from 1 April 2004

  • Cash Portfolio: +4.32% from 1 October 2004

A comparison with other Balanced Funds in the Melville Jessup Weaver Survey and the AON Consulting Survey for the year ended 31 March 2005 shows the scheme has performed up with the top quartile of Investment Managers in both surveys when apples are compared with apples.

Members are advised that in the next week the scheme's web site at www.firesuper.co.nz will be updated to close off the financial year to 31 March 2005 with both contributions and the application of the interest rates set out above.

 

Read More: www.firesuper.co.nz

:: SuperNews - Posted 3 June 2004

Superannuation NEWSFLASH

The Firefighters Union Superannuation Trustees are very happy to advise members of the declared earnings rate for your Superannuation Scheme over the last 12-months. 

The declared earnings rate for the year ended 31 March 2004 is
12.84% NET (after taxes & expenses).

This rate was confirmed at the trustees year end meeting held yesterday.

Members should appreciate that this is an excellent result and certainly a great turnaround from last years return given the financial market and environment which very much dictated the outcome of last years earnings.

Scheme members will in the near future have their annual statements and the schemes annual report mailed to them.  Superannuation Scheme Secretary Barry Dent is currently finalising the production and distribution of them which is expected to occur some time around the 2nd week in July.

Michael McEnaney
Ken Simons
Steve Warner

NZPFU SUPERANNUATION TRUSTEES

 

Read More: www.firesuper.co.nz

 

 

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