KiwiSaver Default Provider Changes: Information for KiwiSaver Members
The Government has recently announced the appointment of new default KiwiSaver providers and changes to default fund settings. These changes come into effect on 1 December 2021. Find out more about what it means for you.
Most of us can now expect to live well into our 80s – great news for us, but not our finances. New Zealand Superannuation (NZ Super) will help, but if you want to enjoy some luxuries when you retire, you’ll need to build your own nest-egg.
Setting and working towards a goal for your retirement today will improve your lifestyle later. The Sorted website has a number of tools to help you set your goals and plan for your retirement.
The best way to achieve those goals is to invest in a KiwiSaver or other superannuation scheme (often available through your workplace). These schemes have special features to encourage you to stay invested for the long-term.