KiwiSaver advice - is it worth getting? | Protection Solutions

KiwiSaver advice – is it worth getting?

KiwiSaver advice – is it worth getting?

January 27th, 2022

Getting KiwiSaver advice makes saving easy. The contributions come out of your pay before you see it. You get extras from your employer and the government. There is much more to selecting a KiwiSaver fund than just checking past returns and fees. If your hard-earned money is invested in KiwiSaver, you need to ask crucial questions to understand where and how that money is being invested.

What is KiwiSaver?

There are so many benefits to being part of KiwiSaver that the question you should be asking yourself is ‘why not join?’. KiwiSaver is not just for retirement – you can use it to buy your first home as well. Your employer must contribute at least 3%, and the government matches 50c to every dollar you put in, up to $521 per year.

KiwiSaver is a managed investment fund. This means your provider pools together contributions from all its members and selects many different types of investments to maximise returns at an appropriate level of risk.

Do I need a financial adviser to help with my KiwiSaver?

We can help ensure you get the most out of your KiwiSaver and investments. We want our clients to know the facts to make informed decisions about their provider and investment strategy. Collaborating with a financial adviser puts you on the right path to financial success. We can help you work out where you are right now and where you want to be in the future.

If you want financial advice about your KiwiSaver Scheme account, you can get this service at no extra cost. We will identify the products that suit your life right now, as well as plan for future events and review this with you as the funds grow. It is our role to work out what solutions are the right fit and advise you on suitable options.

So, you have decided to get KiwiSaver advice, but what questions should you ask an adviser?

Who are the people looking after my money?

How do I know my money is safe?

How do they decide where to invest?

Does Booster invest responsibly?

How does Booster compare to others?

Can you give me a list of Booster KiwiSaver funds?

Who is Booster?
Booster has been looking after New Zealanders’ money since 1998. And they are proudly Kiwi-owned and operated. Booster is an independent financial services company based in Wellington.

When life happens, we can help with navigating complex or unfamiliar territory. KiwiSaver was set up to help New Zealanders save for their retirement. KiwiSaver’s long-term investment savings account is designed to give your money time to grow, which is why we think KiwiSaver is so important. If you would like advice on which KiwiSaver fund you should be in, contact us today.