For joint Investment Fund accounts where the account holders have different PIRs (Prescribed Investor Rates) tax is applied at the higher of the two rates.
There is no minimum initial investment amount for individual or joint accounts. For other entities, such as trusts or companies, the minimum initial investment is $100,000. After your account is open, there is no limit on the value of subsequent ...
Applying for an Investment Fund account only takes a few minutes online here. You'll need to provide your IRD number and a valid NZ photo ID, like a passport and driver's licence. Once we've completed our verification checks, we'll send you ...
No, we only accept deposits from New Zealand bank accounts. If your money is overseas, you’ll need to transfer it to your NZ bank account first, then make a second transfer from your NZ account to Simplicity.
Yes, you can invest in the name of a trust, but the application process is more involved. Complete the application form here. You'll need to provide certified ID for all the trustees and corporate directors (if applicable), a certified copy of the ...