Exciting Changes for KiwiSaver Investors
If you have a KiwiSaver account, some exciting news could benefit both your retirement savings and the New Zealand economy. Recent government reforms have made it easier for KiwiSaver providers to invest in local projects, helping to grow infrastructure and create new opportunities while also strengthening your long-term savings.
For years, a significant portion of KiwiSaver funds was invested offshore. While global investments provide diversification, many New Zealanders have expressed a desire to see their savings contribute more directly to the local economy. These new policy changes aim to do just that—allowing fund managers to allocate more investments into domestic projects.
How This Benefits You
Stronger Returns Potential – With more investment flowing into local businesses and infrastructure, there’s potential for improved economic growth, which could lead to stronger KiwiSaver returns over time.
Boost to Local Infrastructure – More KiwiSaver funding can now go into sectors like housing, renewable energy, and transport, directly benefiting communities and making New Zealand a better place to live and work.
Greater Economic Stability – By investing more in local projects, KiwiSaver funds can help create jobs and boost economic resilience, reducing reliance on foreign investment markets.
What You Should Do Now
With these changes coming into effect, it’s a great time to reassess how your KiwiSaver is working for you. Is your current provider taking advantage of these opportunities? Are you in the right fund to maximize your potential returns?
At NZ Advice Group, we help Kiwis get the most out of their KiwiSaver and Insurance. We can:
✔ Review your current KiwiSaver fund and see if it's aligned with your goals.
✔ Compare providers to ensure you’re with one that’s making the most of these new investment opportunities.
✔ Help you optimize your contributions so you can take full advantage of potential market growth.
Don’t Forget About Your Insurance!
With potential economic growth on the horizon, now is also a good time to review your insurance coverage to ensure you and your family are protected. If your financial situation has changed—through a home purchase, growing family, or income shift—it’s crucial that your life, trauma, or income protection insurance reflects these changes.
Let’s Talk!
We’re here to help you navigate these new KiwiSaver opportunities while ensuring your insurance keeps up with your evolving needs. Book a free review today, and let’s make sure your financial future is secure and optimized for growth.
Looking forward to helping you make the most of these exciting changes!
The Team at NZ Advice Group