The timeframes we provide take into account the time it takes to value your KiwiSaver investment and sell units of your fund.
Most types of initial withdrawal (with the exception of withdrawals due to significant financial hardship) take up to 10 working days to be paid out to your nominated bank account, as the IRD needs to approve any government contribution amounts to be released. Subsequent withdrawals generally take 3-4 working days.
If you're transferring from another KiwiSaver provider, your balance will show as zero until we receive the funds. Your previous provider must transfer your funds within 10 working days, however it can take 1-2 working days to initiate this process ...
When you turn 65 you're eligible for NZ Superannuation and to withdraw your KiwiSaver funds. If you choose to make a withdrawal, you can set up regular or one off withdrawals at any time. To make the first withdrawal you'll need to complete a form - ...
If your loved one had a Simplicity account please contact the Investor Services team here for the next steps to take. We'll need to know their full name, date of birth and IRD number.
The annual fees on our KiwiSaver accounts simply have a 0.25% per annum management fee. This equates to $2.50 per $1000 that you have invested. This fee is deducted at a daily rate and displayed on your online account in dollar figures. As a ...
We notify the IRD once we've processed your application, and they'll send your employer a letter informing them that you've joined a KiwiSaver Scheme. It will also tell them to start making contributions. This process can take some time, so to avoid ...