Archive | KiwiSaver

Investment Strategy KiwiSaver

Investment Strategy for KiwiSavers

Volatility is a new experience for KiwiSaver investors who have known nothing but stable markets in recent years. There will be plenty of opportunity over the next two or three years for nervous investors to make bad choices about how their funds are invested. There are two key principles for managing volatility. The first principle […]

Continue Reading
KiwiSaver Fees

KiwiSaver Fees

There has been much talk lately about KiwiSaver fees and the impact this has on the value of KiwiSaver funds over time. Simplicity KiwiSaver is a recent market entrant which prides itself on low fees and uses this as a selling point. The Financial Markets Authority (FMA) has recently changed the way in which KiwiSaver […]

Continue Reading
1-Track your KiwiSaver

Track Your KiwiSaver

KiwiSaver is an easy way to invest. Your contributions are deducted automatically, along with the contributions from your employer, and every year the Government pays you a tax credit. You could argue that KiwiSaver is a ‘set and forget’ type of investment. However, paying little or no attention to your KiwiSaver is not wise. There […]

Continue Reading
KiwiSaver Investment Strategy

Your KiwiSaver Investment Strategy

Now, more than ever, it is time to make sure your KiwiSaver investment strategy is matched to your investment time frame. KiwiSaver was introduced ten years ago and since that time we have seen strong growth in the share market. KiwiSaver members have not yet experienced a period of high volatility. The share market is […]

Continue Reading
Fifty cents

Get Your Full Tax Credit

There are very few people who, if offered a 50% guaranteed return on their money, would turn it down, particularly with investment returns being so low at present. Yet every June, thousands of people miss such an opportunity by failing to realise that their KiwiSaver contributions are less than what is required to get the […]

Continue Reading
KiwiSaver Home Buyer

Traps for KiwiSaver Home Buyers

Traps for KiwiSaver Home Buyers One of the best incentives for young people to join KiwiSaver is the ability to withdraw funds for the purchase of a first home. All but $1,000 can be withdrawn providing certain criteria are met. You need to have been a KiwiSaver member for at least three years and you […]

Continue Reading
Right Options

Choosing the Right KiwiSaver Options

Choosing the Right KiwiSaver Options Joining KiwiSaver is a no-brainer and there are now around 2.6 million members. There are three key decisions to be made when joining; the contribution rate, the investment option and the provider. It’s best to make the decisions in that order. Your contribution rate should be set at the rate […]

Continue Reading
Retired Couple

KiwiSaver for Retirees

KiwiSaver for Retirees A recent survey conducted by the Financial Markets Authority and the Commission for Financial Capability found that around a quarter of people are not sure how to manage the money in their KiwiSaver funds after the age of 65. There are variations between different scheme providers and once you turn 65, providing […]

Continue Reading

KiwiSaver Kickstart Kill-off and Kids

KiwiSaver Kickstart Kill-off and Kids The Government Budget announcement that the $1,000 kickstart for KiwiSaver has been terminated with immediate effect is no surprise. From a marketing perspective it was an enticing carrot in the early days of KiwiSaver when there was considerable sceptism about the Government’s intentions with KiwiSaver and the benefits of being […]

Continue Reading

KiwiSaver for Kids

KiwiSaver for Kids Joining KiwiSaver is a sensible decision for most eligible people between the ages of 18 and 65. There are currently around 2.4 million KiwiSaver members of whom around 360,000 (just under 15%) are under the age of 18. Clearly, many parents, or in some cases grandparents, have signed their children up for […]

Continue Reading
Investment review

Review your KiwiSaver

Review your KiwiSaver Your KiwiSaver investment should be reviewed on an annual basis and June is the best time to do this for a number of reasons. The Government tax credit of around $521 is paid into your KiwiSaver account every July, and the amount you receive will be based on your contributions for the […]

Continue Reading

Transferring Your Australian Superannuation

Transferring Your Australian Superannuation While it is now possible to transfer funds from your Australian superannuation scheme to KiwiSaver, this is not something that should be done without consideration of a number of important factors. There are many good reasons to bring your superannuation home. Having investments in more than one country can make life […]

Continue Reading