KiwiSaver is a voluntary, work-based savings initiative with a range of membership benefits.

What Is It?

KiwiSaver is a voluntary, work-based savings initiative to help you with your long-term saving for retirement. It’s designed to be hassle-free so it’s easy to maintain a regular savings pattern.

Worked-based Saving

For many people, KiwiSaver will be work-based. This means you’ll receive information about KiwiSaver from your employer, and your KiwiSaver contributions will come straight out of your pay.

Government Initiative

The Government created the framework for the KiwiSaver initiative, to help New Zealanders financially prepare for retirement. There’s a range of membership benefits to encourage you to get saving.

What You Get When You Retire

NZ Super provides for a basic standard of living in retirement, but it may not be enough for the kind of retirement you want. KiwiSaver complements NZ Super to provide you with a better standard of living for your retirement. KiwiSaver is treated in the same manner as other voluntary private or employment-related superannuation schemes. This means that having a KiwiSaver account doesn’t affect your eligibility for NZ Super or reduce the amount of NZ Super you would be eligible for.

To find out how much you’re likely to need in retirement, or about how to join Kiwisaver please give us a call or email.