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!
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Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
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