Sooner or later, KiwiSaver is going to affect all employers, employees and the self employed. 

What is KiwiSaver?

KiwiSaver is the Government's low-cost superannuation initiative.  Contributions are normally funnelled from an employee's pay via the IRD and on to a scheme provider, but contributions can also be paid directly.

The funds are locked in until the age of eligibility for New Zealand Superannuation (currently age 65) or for five years, whichever is later.

Why you should invest in KiwiSaver

For most New Zealanders there will be a considerable gap between what they will want to spend in retirement, and what they will receive from the state pension.  Whatever your desired retirement lifestyle, you'll almost certainly want to set aside money to fund this gap and have financial independence in retirement.

The greatest risk most savers face is that they spend their retirement savings before retirement.  By locking in your savings, you help to ensure they will be there when you need them.

Fidelity Life KiwiSaver Scheme

If you are going to join KiwiSaver, then we think there is no better scheme than the Fidelity Life KiwiSaver Scheme, and here's two great reasons why:

  • Solid track record. Fidelity Life has over 35 years in the business of savings, investment and insurance, and has over $450 million of funds under management on behalf of 20,000 New Zealanders.
  • Kiwi owned and managed. Fidelity Life is New Zealand's largest 100% owned and operated Life Insurance firm, meaning decisions are made right here in New Zealand, you have ready access to those people, and the profits stay in New Zealand and are invested here.

 
Fidelity KiwiSaver Scheme
Fidelity KiwiSaver Scheme Investment Statement
Fidelity KiwiSaver Scheme Prospectus
Fidelity Kiwisaver scheme - Responsible Investment statement
Fidelity KiwiSaver Scheme Report 2008 

Where to from here?

If you want to know more about Fidelity KiwiSaver or to request an adviser, contact us here and we will be in contact with you.
 

More KiwiSaver Information

Mary Holm has written various books on KiwiSaver and has a website that summarises KiwiSaver very well. Visit her website: http://www.maryholm.com/kiwisaverbasics.php to find out more information.