Brash takes helm at Huljich

We really need to question the sincerity of a man as a so called leader in light of cynically profiteering from a scheme he is on record as having no faith in. The average Kiwi is adrift in a sea of uncertainty with regard to future certainty of income in retirement. I think if some research was done to really drill down into the drivers of trans Tasman flight of our brightest, youngest and most motivated citizens, retirement uncertainty would rank highly as a driver. Without strong leadership on the retirement front NZ is steering down the barrel of a population of retirees living in trailer parks, children’s garages and in extreme cases park benches. Slicing and dicing the future social security of our retirees into a tradable shares by members of our political elite is already a bad look from the average Kiwi battlers perspective. Playing to play jiggery- pokery with the figures runs the risk of appearing as thin end of the wedge of Nadorfism. Not a good look for the National party to have two high profile associates in this industry in the first place, just watch and see if they both invest in the upcoming PPP’s ( public , private partnerships ) renting schools, hospitals etc back to the public.

This public relations spin might just placate some of the investors, but I hope it doesn't wash with the Securities Commission.

FYI here are Brash's views on Kiwi Saver back in 2006:

"Well we know that all the government's advisors plus the Institute of Economic Research have said this is not gonna make any material impact on savings, it's not a savings scheme, at best it's a first home buyer's grant which will affect a very small number of people, if the government's concerned about savings this will not do it."

http://www.agendatv.co.nz/Site/agenda/transcripts/2006/2006-05-13.aspx

Print this on the wall and date it: Kiwisaver Investment managers are the next debacle facing our finance sector following the finance company rorts of the past 5 years. The wealth of your average Kiwi is being eroded faster by these so called Wealth Managers than you can save it, just look at the performance of Huljich without the top ups and after they take fees. Why is there not a stampede of investors moving their money to the next least dodgy Kiwisaver provider? If there is one!!

So to sum up, nothing has changed. Brash still knows nothing, and is still in a position to know nothing. Peter Huljich has "resigned" but will still pull the strings in the background through a relative. Do they think we are stupid? This is an insult to our intelligence! This is just more of the same tricks that happen in the industry. Aren't we supposed to be getting this sort of thing cleaned up? What a joke. I bet the regulators will shortly receive a gold watch for turning a blind eye . . . again!

Why is the media not ripping this guys throat out ? this is nothing more than a cosmetic re-shuffle. Brash is continuing to abet this Charlatan “Peter Huljich” in continuing to profit from this company. As for replacing him with another Huljich ?? ( presumably a relative ) this is about a phony as trading under your wife’s name when you are bankrupt..
Brash has completely lost my respect over this shameless affair ,, and I did hold him in the highest regard prior to his involvement in this firm

Why is the media not ripping this guys throat out ? this is nothing more than a cosmetic re-shuffle. Brash is continuing to abet this Charlatan “Peter Huljich” in continuing to profit from this company. As for replacing him with another Huljich ?? ( presumably a relative ) this is about a phony as trading under your wife’s name when you are bankrupt..
Brash has completely lost my respect over this shameless affair ,, and I did hold him in the highest regard prior to his involvement in this firm

Learn to spell if you're going to use a written medium to insult people better than you Sam...

Can any one tell Brash that we dont live in medevil times and why is this guy still around ?