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KiwiSaver with Hallam Jones
KiwiSaver is an long-term saving scheme to help you save for your retirement. You can choose to sign up to at any time.
There are a range of membership benefits to encourage you to get saving. They include regular contributions from your employer and an annual member tax credit paid by the Government. Some KiwiSaver members may also be eligible for help with the deposit on their first home. Read more about the benefits
KiwiSaver schemes are managed by a number of private sector companies called KiwiSaver providers.
NZ Funds and Hallam Jones
NZ Funds is the KiwiSaver scheme provider for Hallam Jones Insurance and Financial Advisers. We are pleased to say that, according to the KiwiSaver Annual Market Report for 2017, they are (again) ranked in the top 3 of the 40 KiwiSaver providers.
* David Chaplin, KiwiSaver Annual Market Report, 2015, 2017.
Four good reasons we invest with NZ Funds
They build portfolios for better returns.
Their portfolios are not index products.
They follow a responsible investment approach.
They work with world class managers.
How contributions are made
KiwiSaver is work-based for many people. You can choose the amount you wish to contribute from your pay at the rate of either 3%, 4% or 8%. This will be deducted directly from your pay and invested for you in a KiwiSaver scheme. Your employer will also make compulsory contributions at a minimum rate of 3%.
If you're self-employed or not working, you agree with your KiwiSaver provider how much you want to contribute, and make payments directly to them.
When you can access your funds
Your KiwiSaver savings will generally by locked in until:
- you're eligible for NZ Super (currently 65)
- you've been a member for at least 5 years (if you joined over the age of 60)
You may be able to make an early withdrawal of part (or all) of your savings if you are:
- buying your first home
- moving overseas permanently
- suffering significant financial hardship
- seriously ill
What you will get when you retire
NZ Super provides for a basic standard of living in retirement, but it may not be enough for the kind of retirement you want. Having a KiwiSaver account doesn't affect your eligibility for NZ Super or reduce the amount of NZ Super you would be eligible for. KiwiSaver savings will complement NZ Super to provide you with a better standard of living for your retirement.
KiwiSaver is not guaranteed by the Government. This means you make your investment choices in a KiwiSaver scheme at your own risk.
We are happy to answer any questions you may have about KiwiSaver and present the options to you.
We became eligible for KiwiSaver in 2014 and immediately began contributing. Our rate of return last year was less than 2%. We met with Mark Jones who suggested a review might be in order. He found that we had automatically been placed in a default fund.
Mark listened to our retirement plan and suggested a fund to suit our investment goals. So far this year, we have seen a 12% return and we have Mark to thank for that
Scott & Ricci Harbuck
I am writing this letter to whole-heartedly recommend the services of Mark Jones. Mark's work with my KiwiSaver has been exemplary. Previous to Mark taking over my account I was having issues that spanned months, however after talking with him for 15 minutes, and 2 ten minutes phone calls, all of those issues were resolved.
Want to find out more? Simply give Mark Jones a call on 0800 404 202 or send him a message.
This post has been provided for information purposes only and is not intended as a substitute for specific professional advice on investments, financial planning or any other matter. Read our disclaimer notice and privacy statement.