Mercer KiwiSaver scheme changes

We’ve been working hard to bring you positive changes to the Mercer KiwiSaver scheme. 

Lower annual fund charges

From 1 September 2020, the Conservative investment option’s annual fund charges have been reduced by 19% from 0.58% to 0.47% (administration fee remains unchanged). Based on a KiwiSaver account balance of $20,000, the annual fund charges would be $94 instead of $116. Every dollar counts and this is just one way we are helping members have more money in their KiwiSaver account. Fees (other than the administration fee) vary depending on the investment option you invest in. To find out more read the KiwiSaver facts page.

Our focus on responsible investing

A new research survey from Mercer shows that that New Zealanders are incredibly passionate about investing in a way that makes a difference.* Mercer KiwiSaver scheme members have the opportunity to actively invest responsibly and we are pleased to have added more investments focused on creating a positive environmental impact and removed investments that may damage the environment. We believe KiwiSaver funds will deliver more sustainable long-terms returns when they pay close attention to environmental, social and governance issues like climate change and water security. 

Our environmental, social and governance investment approach is applied to all seven of our KiwiSaver investment options. Currently our investment options invest in companies involved in:

o   Renewable and alternative energy

o   Pollution control solutions

o   Energy efficiency

o   Waste management and technologies

o   Water infrastructure and technologies

o   Sustainable consumer goods

 

All Mercer KiwiSaver scheme’s funds have been certified by Responsible Investment Association Australasia (RIAA)1, an organisation that operates the world’s first responsible investing certification programme for investment products. More information about Mercer’s Responsible Investment Policy can be viewed here.                                                                                                                                                                                  

The Certification Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations. The Symbol also signifies that the Mercer KiwiSaver scheme adheres to the strict operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product Provider. The Certification Symbol is a Registered Trade Mark of the Responsible Investment Association Australasia (RIAA). Detailed information about RIAA, the Symbol and Mercer KiwiSaver scheme’s methodology, performance and stock holdings can be found at www.responsiblereturns.com.au, together with details about other responsible investment products certified by RIAA.1

1. The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.

This product and information has been issued by Mercer (N.Z.) Limited (Mercer). For information about this product, please refer to the Mercer KiwiSaver scheme 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. 

*Online survey methodology among a national random sample (n=1,008) of KiwiSaver scheme members. Survey fielded 30 June to 7 July 2020 by Dynata on behalf of Mercer New Zealand.

1 September 2020