Options are available for those just starting out or a long way from retiring, where it makes sense to have your money
    invested primarily in assets with the greatest potential for growth, like shares.
    Providing members a range of choices to achieve their long-term retirement savings goals.
    KiwiSaver provides options that help Kiwis across all stages of their savings journey. With Balanced Funds to get people started,
    Automatic Allocation options for all stages in life or Self Select options, aimed to deliver sustainable long-term growth.
Balanced Fund Options

A Balanced Fund with low management fee options for fee-conscious Kiwis. Lower estimated risk and balance potential at retirement.

Self Select

Self Select allows you to customise your own asset allocation to suit your needs. Moderate risk with Medium/High estimated balance potential at retirement.

Automatic Allocation

Automatic Allocation schemes adjust your allocation automatically as you age. Higher risk with highest estimated balance potential at retirement.

Growth Strategy

Growing your investment over the long term. A Growth fund is anticipated to mainly hold New Zealand, Australian and international shares, and/or hedge funds. Higher risk and estimated balance potential at retirement.

What is KiwiSaver?

KiwiSaver is a work-based savings initiative designed to help you prepare financially for your retirement. While you and your employer contribute to your savings, the Government also provides a number of benefits that make KiwiSaver a worthwhile investment for virtually every New Zealander.

Choose a KiwiSaver Scheme that gives you more options.

Life Assurance are proud to work with some of New Zealand's top performing KiwiSaver providers. Most KiwiSaver providers offer clients a range of choices to achieve their long-term retirement savings goals. Our advisers provide clients with the KiwiSaver information required to help them to make informed investment decisions. Some providers offer a Balanced Fund with low or 'zero' management fees, allow you to select your own investment mix, or offer unique 'auto-allocation' fund options that adjust your investments as you age.

The NZ Funds 'LifeCycle' KiwiSaver Scheme investment option is designed to provide New Zealander's with the best of both worlds, with members benefitting from three investment portfolios - Income | Inflation | Growth, ensuring investments are well diversified with a reduction in Growth assets as they age.

For more useful KiwiSaver information, contact a Life Assurance financial adviser today!


KiwiSaver Responsible Investment Exclusions

Life Assurance are encouraged a growing number of KiwiSaver providers are working to manage funds responsibly. Working with global experts ISAS ESG and Responsible Investment Association Australasia, KiwiSaver investments are screened to ensure every investment decision made is considered for its impact on society and the environment.

Not only is this approach the right thing to do, but we believe responsible investing will enhance long-term results for clients, because investing in companies with good governance has been shown to lead to better returns.

This means that funds invested with responsible KiwiSaver fund managers are managed by those who believe in a better and more sustainable future.

Investment Exclusions Life Assurance endorse include:

Controversial Weapons

Environmental Destruction


Civilian Weapons



Labour Rights Violations

Fossil Fuels

Adult Material

To find out which KiwiSaver providers offer responsible investment exclusions contact a Life Assurance financial adviser today!


What are the KiwiSaver benefits?

Government contributions

Members may be entitled to a Government contribution of up to $521.43 pa. To qualify for the full amount, you must be aged 18 to 65 and contribute a minimum of $1,020 pa

Employer contributions

In addition to contributions you make, for employed New Zealanders your employer is generally required to contribute a sum equal to 3% (less tax) of your pay directly into your KiwiSaver account

First home assistance

If you qualify, you may be able to withdraw funds from KiwiSaver for the purpose of buying a first home. You may also be eligible for a one-off payment from the Government to help with your purchase


How do I use KiwiSaver to purchase my first home?

You can apply to withdraw some of your investment to purchase a first home in New Zealand if you meet all of the following criteria:

  • If you have belonged or contributed to a KiwiSaver scheme or complying superannuation fund for at least three years
  • The property you intend to purchase is, or is intended to be, your principal place of residence
  • You have never held an ‘estate in land’ and you have not made a withdrawal from a KiwiSaver scheme for the purchase of a first home before
  • Under the KiwiSaver Rules, members must leave a minimum of $1000 in their KiwiSaver account after the withdrawal and any funds transferred from an Australian complying superannuation fund cannot be withdrawn as part of a first home withdrawal.

KiwiSaver First Home Grant

In addition to the first home withdrawal, if you’ve been a regular contributor to KiwiSaver, you might also be eligible for a grant to help you buy your first home. The grant is administered by Kainga Ora. The amount of the grant depends on whether you are are purchasing an existing home or building or purchasing a new home. You could qualify for $1,000 a year for each year you’ve been a contributing KiwiSaver member, up to a maximum of $5,000, if your first home will be an existing home; or $2,000 a year for each year you’ve been a contributing KiwiSaver member, up to a maximum of $10,000, if you are purchasing a new home, a property bought off the plans or land to build a new home on.

For more information, visit the Kainga Ora website at kaingaora.govt.nz/home-ownership  /or: