Newsroom
Investment returns to 30 September 2019
The quarter had another positive performance with both shares and bonds (fixed interest securities) performing strongly in the quarter. Longer term returns are also positive with growth assets (with their higher weighting toward shares) outperforming the more...
Climate change
In early 2019 we heard Greta Thunberg – a Swedish teenager - who made headlines protesting outside the Swedish Parliament about climate change. She was calling for immediate action to combat it. Her comments and actions touched a nerve among young people globally...
100,000 seedlings planted at Hapua
Your KiwiSaver scheme has an interest in the Hapua Forest. 100,000 seedlings were planted this winter in the forest in the Hawkes Bay. This is the second of three plantings. Last year 62,500 seedlings were planted. Radiata pine is a versatile wood that’s easy to...
Teaching your children about money
As parents, you understand how important literacy is for children. You sit for hours reading to your children. This can be the beginning of a life-long love of reading. Learning how to think about money and manage it wisely is an equally important life skill. It is...
Some tweaks to our website
Earlier this month we tweaked the website. We believe the changes will make it easier for visitors to the website to find information and to navigate around. In a nutshell, we split up a large amount of information that had been under one menu heading into two...
Some KiwiSaver jargon
There’s a lot of jargon used when it comes to KiwiSaver. It’s used by the media, the regulators and also people like us, your KiwiSaver provider. We try to use plain English but every now and again a bit of jargon is inevitable in our communications with you. We’re...
Investment returns to 30 June 2019
All funds had very pleasing returns for the June quarter with strong contributions from both shares and bonds. Sharemarkets have been supported by lower interest rates and the prospect of global central bank easing. Shares have been recently trading at record highs...
Guns are not cool now
Many of us have grown up with the stories of Winnie the Pooh. If we didn’t, some of us may have seen the recent movie called ‘Christopher Robin’ which re-introduces Winnie the Pooh to a wider audience. Many of us would be surprised to know that Winnie the Pooh...
Mindful Money
There are so many interpretations of what ethical investing is. Now there’s a new way to check out whether a KiwiSaver scheme, and the investment funds it offers, is ethically invested. It’s Mindful Money and we support them. We like the transparency around where...
What’s all the fuss about PIRs?
Some of you are asking what’s a PIR and what’s the fuss about them? Your PIR is your Prescribed Investor Rate and this is the tax rate that applies to investment earnings in certain types of investments including KiwiSaver. Having the wrong PIR will cost you...
KiwiSaver now open to 65+
From 1 July 2019, the age 65 restriction on joining was removed and this group of New Zealanders (and permanent residents) can now join and invest in KiwiSaver. KiwiSaver is now an investment option for New Zealanders who are 65 or older. So why join KiwiSaver at...
Changes to KiwiSaver – what do they mean for you?
The Government has recently proposed some changes to KiwiSaver for next year. More contribution rates for employees. At the moment you can contribute at 3%, 4% or 8% of your pay. From 1 April 2019, it's intended that you’ll also be able to...
