There are many investment options available in New Zealand, but the one that most people talk about at the moment is KiwiSaver.

KiwiSaver is a voluntary, long-term savings plan designed to help you save for retirement. The more you contribute now; the better off you could be when you retire. If you’re paid a salary or wages, the minimum contribution you must currently make to KiwiSaver is 3% of your gross salary or wages and this will be matched by your employer. If you wish, you can choose to contribute more – either 4% or 8% of your gross salary or wages. If you’re not currently earning a salary or wage, you can make contributions to your KiwiSaver account at a level that suits you, but preferably at least $1043 each year to maximise the New Zealand governments contribution.

Most KiwiSaver providers have a range of investment options designed with a specific investment objective and timeframe in mind. Some investment options aim to generate modest and consistent returns each year while others look to achieve potentially higher returns over longer periods of time. To achieve these different outcomes, each investment option holds varying levels of cash, fixed interest, shares and property. Your SHARE adviser can help you decide which KiwiSaver provider, and which investment option is the best one for your individual circumstances.