Strategy & Objectives
Fixed Income Managers
SWF Asset Allocation
Key Executives and People
New Zealand Superannuation Fund
Level 12, 21 Queen Street
PO Box 106 607
The Guardian of New Zealand Superannuation, an independent Crown agency, manages and administers the New Zealand Superannuation Fund. All decisions relating to the business of the Guardians are made under the authority of the Board of the Guardians of New Zealand Superannuation.
Established under the New Zealand Superannuation and Retirement Income Act 2001, the New Zealand Superannuation Fund was created to partially provide for the future cost of funding New Zealand Superannuation payments.
Like many countries around the world, New Zealand has an aging population, with the number of retired people expected to double by 2050. Legally, the government of New Zealand must pay a universal retirement entitlement to all citizens aged 65 or over through a system called the New Zealand Superannuation.
The Crown plans to allocate around $2 billion a year to the New Zealand Superannuation Fund over the next 20 years. It is a Crown-Owned fund financed by capital contributions from the government of New Zealand.
Sovereign Wealth Enterprises include:
- CNI Timber Operating Company Limited
- NNZSF Rural Investments (No 1) Limited