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Information release

Reviews of the Government Superannuation Fund Authority

Issue date: 
Thursday, 1 November 2007
Status: 
Superseded
Corporate author: 
View point: 

Reviews of the Government Superannuation Fund Authority are carried out at least every five years as required under the Government Superannuation Fund Act 1956.

The Government Superannuation Fund Authority is an autonomous Crown Entity. Its functions are to manage and administer the Government Superannuation Fund (GSF) and the GSF Schemes in accordance with the Government Superannuation Fund Act 1956 (the Act).

Section 19B of the Act, introduced in October 2001, requires an independent review at least every five years of how effectively and efficiently the Authority is performing its functions under the Act. The first independent review of the Authority was completed in July 2006 by Mercer Investment Consulting.

In February 2011 the Minister of Finance agreed the terms of reference for the second independent review of the Authority under section 19B. The terms of reference were very similar to those for the first independent review of the Authority in 2006 and the 2009 review of the Guardians of New Zealand Superannuation.

In March 2011 the Minister appointed JANA Investment Advisers Pty Ltd (JANA) to carry out the review.

The Minister of Finance has now tabled JANA's report in Parliament, as required by section 19B of the Act.  Read the related media statement by Hon Bill English, Minister of Finance on the Beehive website: Government welcomes GSFA review findings (28 July 2011)

The 2011 report is available in Adobe PDF format only. Using PDF Files
Doc. Date Title/browse Download
Jun 2016 Review of the Government Superannuation Fund Authority: Report by PwC
Released 11 August 2016

Jun 2011 Review of the Government Superannuation Fund Authority: Report to the Minister of Finance by JANA Investment Advisers Pty Ltd
Released 28 July 2011

14 Jul 2006 Review of the Government Superannuation Fund Authority: Final Report by Mercer Investment Consulting
Released 21 August 2006

14 Jul 2006 Executive Summary of the Final Report by Mercer Investment Consulting  
Last updated: 
Friday, 12 August 2016