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!
🧩😏 Riddle me this, Neighbours…
I am an odd number. Take away a letter and I become even. What number am I?
Do you think you know the answer?
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Vinyl records
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Some Choice News!
DOC is rolling out a new tool to help figure out what to tackle first when it comes to protecting our threatened species and the things putting them at risk.
Why does this matter? As Nikki Macdonald from The Post points out, we’re a country with around 4,400 threatened species. With limited time and funding, conservation has always meant making tough calls about what gets attention first.
For the first time, DOC has put real numbers around what it would take to do everything needed to properly safeguard our unique natural environment. The new BioInvest tool shows the scale of the challenge: 310,177 actions across 28,007 sites.
Now that we can see the full picture, it brings the big question into focus: how much do we, as Kiwis, truly value protecting nature — and what are we prepared to invest to make it happen?
We hope this brings a smile!
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