Stay strong, do not panic (Psalm 31:24)

Stay strong, do not panic (Psalm 31:24)

It is potentially a confusing time right now for anyone with a KiwiSaver who is aware of how markets are currently performing. It may cause us to scramble and to think if there any quick decisions or actions we can make as a response. This is a message of assurance to not panic and that we are here for you.

What is important to remember is to stick with your plan and not to make sudden decisions like changing your fund as a knee-jerk reaction. Look at your own situation and determine whether you are in the right fund for your circumstances. If you need more information about our different fund types, click here.

Samantha Barrass, the Chief Executive of Financial Markets Authority New Zealand (FMA), recently spoke with NBR and reminded investors that markets do recover.

“If you’re investing for the medium to long term, it’s best you hold your nerve and not leap into more conservative funds because you will just crystallise your loss at the point… Hold the course, don’t panic”. (McNicol, 2022)

Recently, in June 2022, the FMA also published research around New Zealanders’ attitudes towards financial markets and investing. Here are some highlights which may help inform your thinking during this time:

  • “Eight in ten New Zealanders hold at least one investment product (82%). KiwiSaver is still the most commonly held among New Zealanders (64%).”
  • “Nearly three-quarters of investors (74%) feel slightly, fairly or very confident that New Zealand financial markets and financial service providers offer good long-term opportunities for investors.”

If you are interested in more information about this research from the FMA, click here. If you are seeking financial advice, we recommend you speak with a financial advisor.

Anglican Financial Care (AFC), the fund manager of Christian KiwiSaver Scheme, is an organisation with a long-standing experience. Established in 1972, AFC is celebrating 50 years of serving its members this year. We look forward to continuing to serve your KiwiSaver needs.

“Who is like you, Lord God Almighty? You, Lord, are mighty, and your faithfulness surrounds you. You rule over the surging sea; when its waves mount up, you still them.”

Psalm 89:8-9 (NIV)



McNicol, H. (2022, June 16). Biblical turbulence: Kiwis should hold nerve as confidence slips. NBR. Retrieved from

Investing ethically since 1972

Investing ethically since 1972

A KiwiSaver Scheme that invests ethically is important to many Kiwis. Christian KiwiSaver Scheme (CKS) has always had an ethical approach to its investments and is always seeking to participate in the good God is doing in the world.

In a recent survey, Consumer found that ethical investing is important to a large proportion of their respondents, “our survey found 45% said they wanted a fund that provides a good return and invests responsibly – both were equally important.” (Birdsey, 2022)

CKS has followed a robust ethical investing approach since its establishment in 2007 (shortly after the Government introduced KiwiSaver). Our ethical investing approach is at the heart of our investment activity, but did you know that our approach has existed since long before KiwiSaver was even created in Aotearoa?

Anglican Financial Care (AFC), the fund manager of CKS, has invested ethically since its inception in 1972 – that’s 50 years of investing with an ethical approach. In a sense, AFC boldly pioneered ethical investing in Aotearoa New Zealand long before other KiwiSaver Schemes. Other fund managers only started ethical investing in recent years.

As an overview, here are the sectors which our Ethical Investment Policy addresses:

  • Alcohol
  • Animal Welfare
  • Armaments and defence
  • Fossil fuels
  • Gambling
  • Pornography
  • Tobacco

To read more about our thoughtful approach to ethical investing please read our Ethical Investment Policy here.

We believe God is active in restoring the world and it is important for us to express this by way of investing ethically, while being responsible with your finances.

And whatever you do, whether in word or deed, do it all in the name of the Lord Jesus, giving thanks to God the Father through him.”

Colossians 3:17 (NIV)



Birdsey, N. (2022, June 8). KiwiSaver satisfaction survey 2022. Consumer. Retrieved from

A fierce storm (Mark 4:35)

A fierce storm (Mark 4:35)

It is typical for investments to go through changes, much like the fierce waters the disciples experienced in Mark 4:35 before Jesus calmed the storm. These different changes could be exciting, but can also cause a little uncertainty.

KiwiSaver is a savings scheme designed to help set you up for your retirement, as well as provide other member benefits such as helping you purchase your first home if you are eligible. For most people KiwiSaver is a long-term investment or a product you can invest in even after retirement.

It is important that whatever weather event you are experiencing, you focus on the long-term goals you have for your KiwiSaver. Remembering these goals may help avoid making snap decisions. It may also be useful not to look at your balance daily, bearing in mind that KiwiSaver is a long-term investment.

Some of the goals you have for your KiwiSaver may have been the initial reason you chose the type of fund you are currently invested in (based on your risk tolerance). Understanding the reason you chose that fund  may help determine whether your fund is still right for you.

In the past, we have written articles about KiwiSaver that may help inform you regardless of what weather event you are in:
• Different KiwiSaver scenarios for different life stages
• What is ‘investment risk’?
• Quick tips for your KiwiSaver

Here at Christian KiwiSaver Scheme we strive to help you feel supported as you think about your financial wellbeing. If you require professional financial advice for your situation, we always recommend you speak with an Authorised Financial Advisor.

Make sure you are on track to receive free Government Contributions

Are you on track to receive the KiwiSaver government contributions?

This is a friendly reminder that you may qualify for KiwiSaver government contributions of up to $521.43 towards your KiwiSaver. Every year the Government makes contributions to the accounts of eligible KiwiSaver members. The KiwiSaver government contribution is designed to help you save for your retirement. These contributions are usually credited to members’ accounts in early July.

How much can I get?

If you are eligible, you can receive up to $521.43 credited to your KiwiSaver account by contributing enough before 30 June 2022. The Government will contribute 50c for every $1 you contribute to you KiwiSaver account, up to the maximum amount of $521.43. To get the maximum government contribution amount, you need to contribute at least $1,042.86 each year to your KiwiSaver account. This equates to just over $20 a week. Here are some examples of how this works:

Your personal contributions KiwiSaver government contribution
Weekly Annual Annual
Over $20 Over $1,042.86 $521.43 Max
$20 $1,040.00 $520.00
$15 $780.00 $390.00
$10 $520.00 $260.00


If you are an employee, earn $34,762 p.a. or more, and contribute the minimum 3% of your pay to KiwiSaver then you should qualify for the maximum without having to do anything else.

If you want to receive the maximum KiwiSaver government contribution amount for the year then you can make a top-up contribution. This needs to be done before 30 June 2022.

Who is eligible for the KiwiSaver government contributions?

Usually, the Government will credit the government contributions into your KiwiSaver account as long as you:

  1. have made personal contributions to your KiwiSaver account during the year;
  2. are aged between 18 and 65*, and
  3. were resident mainly in New Zealand.

*Eligibility for the KiwiSaver government contribution can extend beyond 65 if you have not been in KiwiSaver for 5 years; in which case it ceases after 5 years’ membership.

You can make personal contributions to your KiwiSaver account by deductions from your pay, regular payments, or lump-sum payments. More detailed information about eligibility is available on the Inland Revenue website.

Not sure about your personal situation?

Here at Christian KiwiSaver Scheme we want you to feel supported as you think about your financial wellbeing. You can log on to your member section of our website to access your personal information and see how much you have contributed for the year if you are not sure. Please contact us if you have any questions.

Quick tips for your KiwiSaver

Quick tips for your KiwiSaver

It’s that time of year where holidays are well and truly over and it feels like life is fully getting back into the swing of things. Before the year gets ahead of you, we thought we’d send you a friendly annual reminder to check on your KiwiSaver. It won’t take long and we’ve made these tips as quick and easy as possible!


Check if your Fund is still right for you

We have three Funds here at Christian KiwiSaver Scheme to choose from. If you are satisfied with the type of fund you’re in, great! If you want to find out more about all our Funds and are seeking for a more conservative or aggressive option, then click here.

If you have a KiwiSaver, then that means that you are an investor (yes, you read that right!). If you are interested to find out what type of investor you are, one tool we suggest to look at is the Investor Kickstarter tool on the Sorted website which you can find if you click here. If you require financial advice we always recommend talking to a financial advisor.


Think about your contributions

KiwiSaver is a great savings scheme to help set you up for your retirement or to purchase your first home. Whether those things are just around the corner or still too far away to think about, it’s always good to be aware of how much you are contributing to your KiwiSaver.

  • If you are employed, maybe think about whether your contribution rate is correct for you. If you are unsure what your contribution rate is then you can check that with your employer. The default contribution rate is 3% if you don’t choose a higher rate. Click here for more information about KiwiSaver contribution rates.
  • Did you know you can make payments into your KiwiSaver account? You can contact us at any time to make voluntary contributions towards your KiwiSaver.


Are you on track to get extra money for free?

If you put in $1042.86 and are between the ages of 18 and 65, the Government may contribute up to $521.43 to your KiwiSaver account. For more information, click here.


Check your tax rate

Is your PIR tax rate correct? If you are on the wrong tax rate you may be paying too much or too little tax. Click here for a very quick guide on calculating your PIR tax rate. It should take you less than a couple of minutes!


Make sure your contact details are up-to-date

If you’ve moved home, changed your email or lucky enough to have received a brand new phone for Christmas (and changed your number), don’t forget to let us know. Make sure your details are correct so you get current and important information from us regarding your KiwiSaver investment. You can update your contact details by sending us a quick email or phone call.



There you have it! That was our quick guide to make sure your KiwiSaver is set up the way you expect for the year ahead. It’s usually good to check on these tips at least annually to make sure that your KiwiSaver appropriately reflects your current situation and is working towards your goals. If you have any questions, please email us at or call us on 0508 738 473. We will be happy to help!

Understanding the Income Fund

Understanding the Income Fund

In a previous article we discussed what we mean by investment risk in a general sense. You can read that article again here. Understanding how much risk you are willing to take is usually a good way to figure out which KiwiSaver fund is right for you.

We continue this series of helping you get to know your KiwiSaver better. Let’s now look at our Income Fund.

This Fund invests in cash, term deposits, NZ bonds, overseas bonds and mortgages. Traditionally, this type of fund has been seen to be a lower risk investment with lower long-term returns.

The Income Fund is usually suited for members who need access to their money fairly soon or for those who prefer a somewhat consistent performance (rather than “bigger” increases/decreases in performance).

There are factors which affect the performance of this Fund which include:

  • Interest rates: This is the chance that changes in interest rates will affect an investment’s value. In the case of bonds, an increase in interest rates mean that the capital value of the bond will decrease.
  • Inflation: This is the chance that if returns are below the inflation rate, meaning the “purchasing power” of the money will decline.
  • Foreign exchange rates: This is the chance that the movement of the NZ dollar against other currencies will affect an investment’s value.
  • Costs: This is the chance that the cost of managing an investment could significantly affect the return from the investment.
  • Solvency/default: This is the chance that the financial institution or borrower is unable to repay some or all of the investment.

While the Income Fund is our lowest risk option, it does not mean that it is immune to negative returns. There can be occasions when a negative return is produced, particularly around interest rate changes. Historically, negative returns for the Income Fund happen less frequently than with the higher risk funds.

For more information about our Income Fund you can read more here. If you have specific financial questions or need financial advice, we encourage you to seek out a financial advisor.

Keep an eye out on our future newsletters as we continue to unpack your questions about KiwiSaver and help you get to know more about your investment.