Westpac Retirement Plan

A registered superannuation scheme designed to make planning for retirement easier and more flexible. Start investing from less than $25 a week.

Download Investment Statement

Managed funds


		More info on other managed funds
		>	Mortgage Investment Fund
		>	Cash Plus Trust
		>	Corporate Bond Fund
		>	Multi-Sector Unit Trusts
		>	Exit Unit Prices
		>	tax faqs

Contact us


		Contact us now
		>	email
		>	Investment Advisers
		>	Westpac branches
		>	phone 0800 738 641 (8.30am to 5.30pm, Monday to Friday)

Features of the Retirement Plan

you have a choice of three portfolios, each providing a different spread of investments

option of investing by regular payments, lump sum payments or both

ability to withdraw all or part of your investments once you’re 60. Withdrawals may be made earlier in certain circumstances at the trustee’s discretion, e.g. financial hardship

you will receive a membership advice notice and an annual report each year

as this is a PIE your investment will be taxed at your prescribed investor rate.

Unit prices

unit prices are calculated regularly—usually weekly

for the latest available unit price information call
0800 738 641 (8.30am to 5.30pm, Monday to Friday)


Investment summary	Risk Level

Accumulation portfolio Spread of investments: 100% income assets	Lower

Balanced portfolio Spread of investments: Broadly balanced mix of growth and income assets	Medium

Dynamic portfolio Spread of investments: Predominantly growth assets	Higher


How much do you need to invest?

Your approach to investing can be as flexible as you want it to be. You can make regular investments or pay in lump sum investments.

Payment type		Minimum investment

Regular investments		$1200 per year—choose to pay this weekly, fortnightly, monthly, quarterly, or annually.



Lump sum payments		$5000 minimum for first lump sum; $1000 each lump sum after that.



Initial service, administration and other charges

	an initial service charge of $100 applies for lump sum payments only. For regular investments made by direct debit or automatic payment the initial service charge is waived
	a weekly administration charge of $1.95 (plus any GST) applies. The administration charge is waived for regular investors with balances under $5,000, making payments by direct debit or automatic payment (subject to certain conditions)
	a management fee of up to 1.75% p.a. (plus any GST) of a portfolio's gross assets applies. A management fee rebate may apply to certain investors (see Investment Statement for details).

Specialist Underlying Investment Managers

>	Westpac Retirement Plan Underlying Investment Managers (PDF 68kB)

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You can get a copy of the investment statement for any securities for which an investment statement is required from any Westpac branch in New Zealand. Disclosure Statements for Westpac Investment Advisers are available on request and free of charge from any Westpac Investment Adviser. The Westpac managed funds are issued by BT Funds Management (NZ) Limited. Investments made in the managed funds do not represent bank deposits or other liabilities of Westpac New Zealand Limited or any other member of the Westpac group of companies, are subject to investment and other risk, and are not guaranteed by any person.

The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.