ConsumerSaver is brought to you by Consumer, an independent, not-for-profit organisation dedicated to providing consumers with accurate, unbiased advice.
Welcome to ConsumerSaver
Is KiwiSaver right for you? Which savings scheme should you choose? With ConsumerSaver you can answer these questions, compare schemes, and find the right options to help with your financial security in retirement.
1 Find out about KiwiSaver
Use our quick guides to get started:
2 Work out what type of KiwiSaver you are
Are you looking for a safe option, or will you take a risk in the hope of getting higher returns? Find out about different types of investment and take our risk quiz to work out the option that's right for you.
3 Compare KiwiSaver schemes
Use our interactive tool to compare schemes and providers.
On 1 April 2009 some changes were made to KiwiSaver:
- The minimum employee contribution reduced to 2% of your gross pay.
- The compulsory employer contribution (CEC) increased to 2% and won't increase further in future years.
- The employer superannuation contribution tax (ESCT) exemption was capped at the Compulsory Employer Contribution of 2%.
- The employer tax credit (ETC) was removed - this change affects employers, not KiwiSaver members.
- The fee subsidy was removed.
- The KiwiSaver Act will be amended and the Employer Relations Act amendment relating to KiwiSaver will be repealed so that your gross pay can't be reduced if you join KiwiSaver.
Important
Like you, we can't predict the future - which means we can't guarantee the performance of any savings scheme. Nor do we endorse any specific KiwiSaver provider or scheme. ConsumerSaver is a good starting point - but, before you commit, we strongly suggest you seek independent financial advice. See our full disclaimer.
