With so many KiwiSaver schemes to choose from that’s a good question.
The 5 year returns shown are the average for each fund type per annum (p.a.) from sorted.org.nz Fundfinder 01/04/13 to 30/06/18 less 2% p.a. to adjust for inflation Defensive 2.17% (0.17%), Conservative 4.65% (2.65%), Balanced 6.84% (4.84%) and Growth 8.89% (6.89%) p.a. The 5 year average returns are used for illustrative purposes only and during this time period there has been a bull market in equities so these returns may be higher than usual. Assumptions are that you remain contributing continuously until you reach retirement at age 65. Your salary or self-employed contributions are assumed to grow by 3% p.a. Your employer puts in 3% p.a. less tax. The graph above does not reflect the prospective performance of the Generate KiwiSaver Scheme or of any Fund. The returns are subject to investment and other risks (including potential losses). No returns are guaranteed or assured, and returns can at times be negative, particularly given the length of the investment period shown in the illustration. Past performance is not necessarily an indicator of future performance and returns over different periods may differ.
I thought Bevan was excellent and was very clear and thorough. I have recommended him to others!
Tom - Generate KiwiSaver Member
My husband was very impressed with Generate and I have never had KiwiSaver so I joined based on the information and advice. Great job!
Rachel - Generate KiwiSaver Member
Jeremy was wonderful!! I was very impressed by the whole experience, it was very informative. What a great service.
Brett - Generate KiwiSaver Member
Paul was extremely helpful, I had no need to ask or request any further information as the graphs and information he provided were great.
Astrid - Generate KiwiSaver Member
After getting advice from Generate I know how KiwiSaver works and that you stand for putting me first and helping my financial investment grow.
Warren - Generate KiwiSaver Member
We were impressed. It was very informative without going overboard. It was great.
Bev & Barry - Generate KiwiSaver Members
It was an easy process for me to follow and a good amount of information was offered. I was pleased, that’s why I joined.
Tania - Generate KiwiSaver Member
I have been a Generate KiwiSaver Member for a while now and I have been impressed with the growth of my account despite not contributing to it at all! I will hopefully be able to contribute in the near future as I recently had a pay rise at work. Thank you for the service it's much appreciated.
Leah - Generate KiwiSaver Member
My partner and I were really pleased with the advice we received from Kasey! Would highly recommend to family and friends.
Jazmine - Generate KiwiSaver Member
Just thought I’d pass on that the Generate website is awesome! It gave me excellent visibility and transparency on where my KiwiSaver savings are at, allocation of value by asset class, transactions and more. Very happy with my choice of KiwiSaver provider!
Frank - Generate KiwiSaver Member
Thank you! I’m really happy with Generate… it was easy to join, your mobile website gives me an easy way to access my KiwiSaver information, I love how you keep me up-to-date with monthly newsletters, and I know you are always working to maximise and protect my savings. It’s great knowing I can trust Generate!
Sarah - Generate KiwiSaver Member
Generate's Growth Fund ranks 1st out of 21 KiwiSaver growth funds returning 10.78% p.a. after fees over the past five years. All three Generate Funds rank 1st, 2nd or 3rd over past year and 5 years.View more
Important KiwiSaver changes have come into force, enabling far greater choice and flexibility for KiwiSaver investors. From April 1, 2019, KiwiSaver members will have two additional contribution rates to choose from – 6 per cent and 10 per cent of gross salary – in addition to the current 3 per cent, 4 per cent and 8 per cent options. (NB: employers will still be required to make a minimum contribution of 3 per cent of gross salary). Renaming the Contributions Holiday to Savings Suspension and reducing the maximum period from 5 years to 1 year (renewable on application) – this allows members to temporarily cease their contributions, although this also means no government or employer contributions, as relevant. Changes also included renaming of the Government Contribution (formally known as Member Tax Credits).View more
Leave your details below or call 0800 855 322 to speak to one of our advisers.