Kiwisaver

Kiwisaver is a savings scheme for retirement and for purchasing your first home. If you are employed, and between the ages of 16 and 65 and contributing to your Kiwisaver account, it is compulsory for your employer to also contribute.

The advantage of Kiwisaver is that contributions happen automatically – you do not have to think about transferring money into your account as this is achieved by your employer. The portion of your income contributed to Kiwisaver is paid directly to the IRD who transfer it to your Kiwisaver provider. This means that you won’t be tempted to spend the money rather than save it.

If you are self-employed you can make manual payments into your account so you don’t miss out. If you are employed, you can use manual payments to contribute a bit extra if want to as well.

When you invest in Kiwisaver you have the option of different providers and different funds. We will help you to understand how Kiwisaver works and what the right fund is for your needs.

We currently recommend two providers: Booster, and Fisher Funds.