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! Find out more

More messages from your neighbours

Local Highlight

5 days ago

Poll: Should the government levy industries that contribute to financial hardship?

The Team from Neighbourly.co.nz

As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙

One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.

So we want to hear what you think:
Should the government ask these industries to contribute?