Christian KiwiSaver Scheme
Newsroom
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...
Investment returns to 31 March 2019
It has been a very positive and pleasing quarter, a relief for most after the very shaky end to 2018, and a reminder to investors to focus on the longer term. Good returns were achieved by the funds in all periods to 31 March 2019. The rebound in markets is put...
Investment returns to 31 December 2018
The December quarter saw a sharp drop in the value of shares which resulted in negative performances for the Growth and Balanced Funds. Strong performances in earlier times, however, ensured that returns remained positive in periods greater than 1 year. While our...
Ethically growing your investment
As Christian KiwiSaver Scheme members we are a group of “ethically-minded Christians” who believe in the value of sound stewardship and in investing in assets that reflect Christian values. That could sound rather boring and dull. However, one of...
What type of investor are you?
Being in the investment fund that best suits you is very important. Not knowing can cost you money if you make decisions that are a reaction to investment markets (e.g. a negative return) rather than a change in your personal circumstances or your feelings about...
Christmas message
Greetings and peace in the name of our Lord Jesus Christ. At the end of another busy year, it is my pleasure and delight to wish you all a holy and blessed Christmas. This is a holy time in the Church’s year when we pause to celebrate the birth of Jesus over 2000...
No fees for members under age 18
We are helping those under 18 get a start with their longer-term savings. We’re introducing a change from 1 January 2019 where Christian KiwiSaver Scheme members under age 18 will not have fees deducted from the quarterly investment earnings allocated to their...
Investment returns to 30 September 2018
September was another bumper quarter for investment returns. Equity markets continued to soar with the NZ and global share portfolios returning 7.4% and 7.3% respectively for the quarter. The performance of the lower risk bond portfolios was more mixed...
Time – the asset money can’t buy
When it comes to investing young people have a huge advantage: TIME. Time - you can never get it back. It’s the asset money can’t buy. The sooner savings begin, the sooner compound interest can start and its ‘magic’ needs time. Being in KiwiSaver gives a practical...
Changes to KiwiSaver – what do they mean for you?
The Government has made some changes to KiwiSaver that include: Introducing more contribution rate options for employees (from 1 April 2019) Reducing the maximum period for ‘contribution holidays’ (from 1 April 2019) Allowing people over 65 to join (from 1 July...
