We’re lowering our fees – again!
As the nonprofit, low-fee KiwiSaver provider, our mission is to provide a better choice for Kiwis. We’re about making members wealthier, not lining shareholder pockets.
So we’ve just announced our 5th fee cut in 5 years. From 1 April, we’re lowering our total fund charge to 0.30% across our Conservative, Balanced and Growth KiwiSaver Funds and our diversified investment funds. Says Sam Stubbs, Simplicity MD: “Being a KiwiSaver manager involves huge economies of scale. Fee cuts in our industry should be frequent, but they aren’t.”
Simplicity believes in passing on the benefits of scale to our members – and we’re on track for further fee cuts in the future. Check out more details on our blog now!
Calling All Puzzle Masters! Can You Solve This?
When John was six years old he hammered a nail into his favorite tree to mark his height.
Ten years later at age sixteen, John returned to see how much higher the nail was.
If the tree grew by five centimetres each year, how much higher would the nail be?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Win this brand new home!
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This home offers three bedrooms, spacious kitchen and living areas, and a double garage.
Whether you decide to make it your dream home, a holiday retreat, a rental property or simply sell it, it’s still a life-changing prize.
Don’t wait—get your tickets today at heartlottery.org.nz.
What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.
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