Annuities are they being overtaxed. Where is the evidence?

Kaspanz is of the view that the annuity market is a key issue for those currently involved with Kiwi Saver, and annuities appear to be overtaxed. The annuity issue appears to have been poorly handled by this government, and their cold shoulder approach to the Government Super annuitants Association is disgraceful. Hopefully the Commission for Financial Literacy and Retirement Income review will address this matter in 2013, followed up by Government action consistent with their alleged approach on taxation fairness and equity. read more

Alec Waugh

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s