Kiwisaver benefits

Mercer has been helping Kiwis save for their best possible retirement for over 60 years and is here to support you with the latest information, expert financial advice and online tools to help grow your KiwiSaver money.

Whether you’re new to KiwiSaver or transferring from another provider, it’s easy to sign up online  and takes less than 5 minutes. You can also complete the application form on the Product Disclosure Statement. If you have any questions, please call us on 0508 637 23

The Mercer KiwiSaver scheme was awarded a Platinum rating for delivering value for money by independent research group, SuperRatings. Mercer is the only KiwiSaver provider to have been awarded this Platinum rating for seven years running.  The Platinum Award is the top-level rating given to KiwiSaver providers delivering best value for money to their members across a range of criteria and who provide the greatest potential to maximise retirement savings.

Benefits include:

• Performance – We have a strong track record in investment performance and our team of investment experts search the globe to find some of the best investments to help maximise KiwiSaver returns. Our performance details can be found here.
• Invest responsibly - We are proud that all seven of our KiwiSaver investment options currently invest in companies involved in creating a positive environmental impact including renewable energy, pollution control solutions, energy efficiency, water infrastructure and sustainable consumer goods. We believe a sustainable investment approach is material to long-term returns. Read more about our responsible investment policy here.
• Choice of investment options - Mercer offers you the choice of seven investment options .The right option will need to match your life stage, financial goals and attitude to risk and you can invest your KiwiSaver money in more than one investment option. If you’re unsure, seek financial advice (it's free!) by emailing NZadvice@mercer.com and/or try our risk quiz.

• Access to your KiwiSaver account 24/7 - It’s easy to manage your KiwiSaver account by signing into your online account and/or downloading Mercer’s mobile app (available on both Apple and Google Play store). You can check your account balance, update your details and review your investment options anytime.
• Experience – Mercer’s significant scale in researching investment managers globally provides us with access to some of the best analytics and ratings on more than 7,000 investment managers globally and over 36,000 different strategies (as at August 2020).

KEY KIWISAVER FACTS

Knowing the facts may save you time and money

• You can access your KiwiSaver money once you reach the qualifying age for New Zealand Superannuation, currently age 65. You may also be eligible to withdraw part or all of your savings towards your first home (refer to our guide) or if you’re experiencing significant financial hardship (refer to our guide).
• KiwiSaver is a long-term investment. If you’re new to KiwiSaver or not sure about your investment strategy, speak to one of our financial advisers by emailing NZadvice@mercer.com or calling 0508 637 237.       
• You can choose to contribute 3%, 4%, 6%, 8% or 10% of your before-tax salary or wages into your KiwiSaver account and your employer has to match your contributions by at least 3% (providing you are contributing at least 3% from your pay).
• The Government will also contribute 50 cents for every dollar you contribute to your KiwiSaver account, up to $521.43 each year (criteria apply).  
• The tax rate applied to your KiwiSaver investment earnings, known as your Prescribed Investor Rate (PIR), could be 10.5%, 17.5% or 28%, depending on your income from the past two years. This tax is paid to Inland Revenue on your behalf. Use our online calculator to work out your correct PIR.

This product and information is issued by Mercer (N.Z.) Limited. For information about this product, please refer to the Product Disclosure Statement.

The information contained on this page is intended for general guidance only and is not personalised to you. It does not take into account your particular financial situation or goals. Before making any investment decision, you should refer to the Product Disclosure Statement or consult an appropriately authorised adviser.  The Mercer KiwiSaver scheme was rated “best value for money” in the SuperRatings’ 2021 KiwiSaver scheme assessment and you can view the award criteria here.