In the last couple of years, thousands of New Zealanders have discovered they can get more for their savings dollar by investing in PIEs. Tracey Berry, Kiwibank’s General Manager of Wealth, explains why.
Welcome to our series of articles on PIE investments. During October and November 2009 we’ll be publishing four articles and giving you the opportunity to ask questions and have them answered by Kiwibank’s General Manager of Wealth, Tracey Berry.
In the last couple of years, thousands of New Zealanders have discovered they can get more for their savings dollar by investing in PIEs. Tracey Berry, Kiwibank’s General Manager of Wealth, explains why.
As you might have gathered from my last blog, I'm very enthusiastic about PIEs – simply because of the tax treatment which gives many investors a better return for their dollar. But is everyone getting all they could from their investments? The answer is clearly not.
For people in higher tax brackets, one investment option stands out – PIE. But research shows many are missing out because they don't realise how easy it is to invest in them.
Kiwibank customers have an eye for a good deal, and they've wasted no time investing more than $1 billion in Kiwibank PIE Funds since the tax-based investment incentive was introduced two years ago.
Tracey is Kiwibank’s General Manager of Wealth. She started at Kiwibank following a very successful career with Westpac, BNZ and the Public Trust.
Her previous roles have included being District Public Trustee for Public Trust, Private Banking Manager for BNZ, Head of Wealth Management New Zealand and Head of Investment Solutions for Westpac.
Amongst numerous awards and successes, Tracey became the Central Region NZIM/Eagle Technology Young Executive of the Year winner in 2009.
Tracey has a Post Graduate Diploma in Personal Financial Planning (PGradPFP) from Waikato University, is an Associate Financial Planner, a Fellow of the Financial Services Institute of Australasia and a member of Mensa.
This communication contains general information only and not investment or tax advice, and as such you should not rely on it as the sole basis for any financial decision. Potential investors should seek professional advice before investing. Units in the Kiwibank PIE Online Call Fund and the Kiwibank PIE Term Deposit Fund are distributed by Kiwibank and are issued by Kiwibank Investment Management Limited. Download the Investment Statement for Kiwibank PIE Online Call Fund and the Investment Statement for Kiwibank PIE Term Deposit Fund, or pick up copies from your local Kiwibank.
