WHAT IS KIWISAVER?
KiwiSaver is a voluntary retirement savings initiative with a number of generous government and employer incentives, aimed at helping you save for your retirement.
At Risky Business we offer class advise on helping you plan for the future.
We work with the current #1 KiwiSaver provider - Generate
We believe in saving for your retirement years so to add another dimension to our service offering, we offer class advice on Kiwisaver.
We work with Generate who are Kiwisaver specialists and have the number #1 ranking for services on the sorted website
Generate believes in providing portfolio diversification to spread your investment risk. All of the investment managers, strategies and markets they work with undergo extensive research to gain optimal returns as well as continued performance monitoring.
Most importantly, you will have peace of mind knowing that your savings are held by the public trust. Their role is to supervise your investment and they have full oversight of your Kiwisaver investment.
Who can join KiwiSaver?
Anyone can join KiwiSaver as long as you are under 65. If you are over 65 and already a member of KiwiSaver then you can transfer to us too. However you must be living or normally living in New Zealand, be a New Zealand citizen or have permanent residency. KiwiSaver offers benefits no other investment can.
When you join KiwiSaver you will receive
A 3% contribution from your employer. If you’re contributing to KiwiSaver from your salary or wages, your employer is required to put in a minimum of 3% of your Before Tax Pay (less employer's superannuation contribution tax).*
Member Tax Credits of up to $521.43 every year. For every $1 you put in to your KiwiSaver scheme account, the Government will put in 50 cents up to a maximum of $521.43 per year, if you’re 18 or over. This is called a Member Tax Credit.*
First home withdrawal. If you’ve never owned a home, and you’ve been a KiwiSaver member for at least three years, you can take out all of the money both you and your employer have put in, as well as all of the investment returns, to help buy your first home.
Up to $5,000 first home subsidy. On top of the first home withdrawal, if you’re eligible, you may also receive up to $5,000 as a subsidy from the Government towards your first home.