Plea For Higher Rate Of Saving
One of the facts which had emerged most clearly from the deliberations of the National Development Conference was that it would be necessary for New Zealand to attain a high level of personal savings.
The deputy chairman of the conference’s steering committee, Mr S. J. R. Chatten, who is general manager for New Zealand of the A.M.P. Society, said this at the annual conference dinner of the society's most successful collector agents for 1968. The rate of saving would have to be high by international standards in order to achieve the targets recommended, he said.
Life insurance could play an important part in achieving the high rate because it was one of the most effective ways in which a person could achieve a long-term monetary goal. Mr Chatten urged agents to encourage the growth of personal savings for the future benefit not only of the persons concerned, but of New Zealand as a whole.
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Bibliographic details
Press, Volume CIX, Issue 31904, 4 February 1969, Page 18
Word Count
160Plea For Higher Rate Of Saving Press, Volume CIX, Issue 31904, 4 February 1969, Page 18
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