Your Prescribed Investor Rate (PIR) is rate of tax you pay on the income generated from your KiwiSaver investment.
The best place to work out your PIR rate is on the IRD's calculator here.
It's your responsibility to update your PIR rate if it changes. If you're a Simplicity member, you can update it by logging into your account here. Click on your KiwiSaver fund and then on the left-hand menu select 'My info'.
Our Conservative, Balanced, Growth and High Growth funds are broadly diversified and are invested in up to 4000 investments in 20 countries that fluctuate in value everyday. You can see how our funds have performed over various timeframes here.
The investments within the Defensive, Conservative, Balanced, Growth and High Growth Funds are taxed based on the tax regime that relates to each of them. So, for example, there is no tax paid on capital gains from New Zealand and Australian shares; ...
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.
Yes, you can request a transfer from your Australian superannuation scheme into a Simplicity KiwiSaver account. Please contact your Australian Scheme provider and ask for their Trans-Tasman portability transfer documents. If you need a letter of ...
When you join KiwiSaver for the first time, the default contribution rate is 3% for both employees and employers, with payments made automatically each time you're paid your salary/wages. You can choose to contribute more - 4%, 6%, 8% or 10% - by ...