Kiwibank now distributes the Gareth Morgan KiwiSaver Scheme. The Kiwibank KiwiSaver Scheme will continue to operate for existing members, but we’re not taking any new applications to join or transfer.
We intend to write to our Kiwibank KiwiSaver Scheme customers about transferring over to the Gareth Morgan KiwiSaver Scheme later this year. More about the Gareth Morgan KiwiSaver Scheme
You can make changes to your Kiwibank KiwiSaver Scheme account at your local Kiwibank, over the phone or in internet banking. You can:
The first two changes to your investment options, funds, or Self Managed investment mix in any 12 month period (starting from your enrolment date) are free. After that a switch fee will apply.
If you’ve been making contributions from your pay for 12 months or more, you can take a contributions holiday of between 3 months and 5 years. You don't need to provide a reason. In some cases Inland Revenue may agree to a holiday of less than 3 months.
There’s no limit to the number of times you can take a contributions holiday and you can renew it at any time.
To apply for a contributions holiday you can:
There are some circumstances where you can apply to withdraw some or all of your investment early. You can read more about them on the KiwiSaver website.
To request a withdrawal, complete the relevant withdrawal form and drop it in to your local Kiwibank, or send it to us:
Download the Investment Statement for the Gareth Morgan KiwiSaver Scheme (PDF 301 KB) or pick up a copy from your local Kiwibank.
Gareth Morgan KiwiSaver Limited is the Issuer and Manager of the Gareth Morgan KiwiSaver Scheme (GMK) and is a related company of Kiwibank. Public Trust is the Trustee of GMK. Kiwibank is a distributor but is not an issuer or promoter of GMK. Investments made in GMK do not represent bank deposits or other liabilities of Kiwibank Limited, New Zealand Post Limited or any other member of the New Zealand Post Group.
The Kiwibank KiwiSaver Scheme (Scheme) closed to new members as from 5 December 2012. The Scheme will continue to operate for existing members, but no applications will be accepted to join or transfer into the Scheme on or after 5 December 2012. The information contained in the investment statement is for general informational purposes only, and is only applicable to existing members of the Scheme.
Download the Investment Statement for the Kiwibank KiwiSaver Scheme (PDF 1.3 MB).
Kiwibank Investment Management Limited is the Issuer and Manager of the Kiwibank KiwiSaver Scheme. Trustees Executors Limited is the Trustee of the Kiwibank KiwiSaver Scheme. Kiwibank Limited and each of its directors are Promoters of the Kiwibank KiwiSaver Scheme. Units in the Kiwibank KiwiSaver Scheme do not represent deposits or other liabilities of Kiwibank Limited.