Armstrong Jones encourages youth input
Media Release
Armstrong Jones
Monday 4 October 1999
Armstrong Jones encourages youth input
Business
and schools are combining forces to provide a fresh approach
to the issue of retirement income provision.
Financial
services company, Armstrong Jones is the sponsor of the
Super 2000 Taskforce Schools’ Competition, launched
today.
The competition has been designed to involve
secondary school students in the search for a long-term
framework for retirement income policy. Students will look
at demographic, economic and community influences, in order
to complete a formal proposal by July 2000.
Armstrong
Jones managing director Paul Fyfe believes this is an ideal
issue for students to tackle, since it is one that will
affect each of them directly in future years.
“While a
growing number of people today accept the need to make
personal provision, the question of how to manage a
government-funded system that ensures equality and security
for all superannuitants is still an extreme priority.
“In
searching for the long-term solution, it is vital all New
Zealanders’ views are considered,” says Mr Fyfe. “This
competition gives our younger generation just such an
opportunity.”
A total prize package of $42,000 will be
shared by the winning students and their schools, across a
number of categories.
Armstrong Jones provides a range of
unit trusts and manages two of New Zealand’s most successful
superannuation funds.
The company has received the
Morningstar/Business Herald New Zealand Fund Manager of the
Year award for six consecutive years from 1993 to 1998 and,
in recognition of these achievements, has also been named
Fund Manager of the Decade.
ENDS