What is Kiwi booster?
Booster is Kiwi owned and operated. Booster offers certified socially responsible investment funds for KiwiSaver members, so you can become an ethical investor. We help you to shape the world you want to live in.
Is simplicity a good KiwiSaver provider?
Our view: Simplicity is an excellent choice for KiwiSaver participants looking to invest in a low-risk, index fund with low fees and historically strong results.
Can you lose your KiwiSaver?
Could I lose it all? Because your money is in an investment fund, it can go up and down in value, so you can lose money. Ups and downs in the market are par for the course. It’s also important to know that KiwiSaver funds are not guaranteed by the government.
How much do you need to retire NZ?
What kind of retirement do you want and how much money do you think you’ll need to fund it? The current NZ Super rates(opens in new window) after tax are $437 a week ($22,721 a year) if you’re single and living alone, or $672 ($34,955 a year) for qualifying couples.
Is booster a good KiwiSaver?
If you’re looking for an actively managed fund supported by investment experts and analysts, the Balanced, Balanced Growth, SRI and High Growth funds are among the most popular Booster KiwiSaver options.
Who are the KiwiSaver providers?
The default providers are: AMP, ANZ, ASB, BNZ, Grosvenor, KiwiBank, Mercer, Fisher Funds and Westpac.
- More information about KiwiSaver.
- Compare KiwiSaver funds.
- Questions and Answers [PDF, 95 KB]
- Cabinet paper: Future KiwiSaver Default Provider Arrangements [PDF, 4 MB]
How does simplicity make money?
How does Simplicity make money? Simplicity is a not for profit organisation. To cover their day-to-day business expenses, they charge members a management fee of up to 0.31% per annum and a member fee of $20 per annum.
Who runs simplicity?
Simplicity is 100% owned by the Simplicity Charitable Trust, which chooses the charities that receive donations.
What happens to my KiwiSaver when I turn 65?
If you turn 65 and keep working, you can still pay into your KiwiSaver account if you joined KiwiSaver before 1 July 2019 and you’ve have been a member for less than 5 years. If you joined KiwiSaver on or after 1 July 2019 and keep working after you turn 65, you can choose to stop paying into your KiwiSaver account.
What do you need to know about KiwiSaver?
KiwiSaver is a voluntary savings scheme to help set you up for your retirement. You can make regular contributions from your pay or directly to your scheme provider.
How does the KiwiSaver scheme work for employers?
It keeps track of overall membership of the scheme and ensures KiwiSaver deductions from employers are passed onto the members scheme provider. We also oversee the following functions: transferring any Government contributions to a members of KiwiSaver scheme.
Why is it important to invest in KiwiSaver booster?
This fund aims to provide savers with the opportunity to achieve long-term capital gains by investing predominantly in growth assets, while partially shielding the fund against some of the short-term downside risks.
How much do employers have to contribute to Grosvenor scheme?
You are also entitled to an employer contribution of 2% of your gross salary or wages provided you contribute the minimum of 2% of your gross salary or wages. As with employee contributions, the Government proposes to increase the level of employer contributions from a minimum of 2% to 3% from 1 April 2013.