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KiwiSaver is a voluntary initiative set up by the Government to help New Zealanders prepare for retirement. It offers a range of incentives to help make saving just that little bit easier. |
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More KiwiSaver info
Contact us
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| Kick-start |
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$1,000 kick-start from the Government when you first join a KiwiSaver scheme. |
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| Member Tax Credits |
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If you are contributing to KiwiSaver, live in New Zealand and are aged 18 or over, the Government will match your KiwiSaver contributions up to $20 a week until you turn 65 or have been a KiwiSaver member for 5 years, whichever is the later (subject to eligibility criteria). |
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| Compulsory employer contributions |
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If you are contributing to KiwSaver from your salary or wages, your employer will also contribute 2% of your gross salary or wages (subject to eligibility criteria). |
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| Saving towards a first home withdrawal |
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If you’re buying your first home (or if you qualify as a second chance home buy), after three years of KiwiSaver membership, you may be eligible to withdraw all or part of your own and your employer’s contributions to put towards the purchase of your home. |
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| First home deposit subsidy |
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You may be eligible for a First home deposit subsidy after three years of contributing to KiwiSaver at the rate specified by the Government (currently 2%). This subsidy of $1,000 per year of saving, up to $5,000 in total is available through Housing NZ |
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| Why choose the Westpac KiwiSaver Scheme? |
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| The Westpac KiwiSaver Scheme has been designed with your needs in mind and provides you with the following benefits: |
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The Westpac KiwiSaver Scheme is managed by BT Funds Management (NZ) Limited (BT). BT is one of New Zealand’s leading fund managers and incorporates the skill and expertise of BT’s own team as well as its alliances with global investment managers. BT is the investment management arm of Westpac in New Zealand |
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Westpac's team of KiwiSaver experts are available to help you by phone, online or in person at over 190 branches nationwide |
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using Westpac online banking, you can view your Westpac KiwiSaver Scheme balance. You can request for your balance to appear alongside your other Westpac accounts if you’re an exisiting Westpac online banking customer. |
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hotpoints® earned on Westpac credit cards can be converted to contributions to a Westpac KiwiSaver Scheme account |
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The Westpac KiwiSaver Scheme offers a range of different investment options |
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if you’ve got kids, don’t forget the Westpac Starter Pac promotion, which runs until 31 July 2010! The Westpac Starter Pac is available to customers under the age of 18 who have a Westpac Savings account and are a member of the Westpac KiwiSaver Scheme. We’ll waive the current monthly Westpac KiwiSaver Scheme administration fee in 2010 for these customers, and if they make a deposit each calendar year to their Westpac Savings Account, we’ll continue to waive the fee until they turn 18. |
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find out more about Westpac Starter Pac |
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latest fund performance |
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Westpac KiwiSaver Scheme Underlying Investment Managers (PDF 68kB) |
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| File won’t open? You’ll need Adobe Reader. |
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