Everything we do is done with our purpose in mind: helping Kiwis to grow their wealth and enjoy their future. Backed by our values: Trust, Respect, Excellence, Agility and Transparency, we will provide the leadership, wisdom, innovation, tools and solutions that make it easy and rewarding for all Kiwis to invest.
What began around a kitchen table has continued to grow successfully, and with our innovative, can-do attitude it’s onwards and upwards from here on in.
2000 – 2010
- With a mission to make investing easy to understand and give kiwis access to global investment markets, Gareth Morgan and Andrew Gawith created Gareth Morgan Investments (GMI). The principles they built the business on still stand today.
- In 2007, A KiwiSaver scheme (then named the Gareth Morgan KiwiSaver Scheme) was launched alongside the Private Portfolio Service – which at the time was the only product GMI offered.
- By the end of 2007 we had already reached 15,000 KiwiSaver members.
- In 2008 a Superannuation scheme was established bringing the total number of products GMI offered to 3.
- As we headed into the second decade of the 2000’s we reached 50,000 KiwiSaver members.
2011 - 2015
- Gareth Morgan Investments is sold to Kiwi Wealth Management Limited, part of Kiwi Group Holdings Limited (KGHL) who also own sister company Kiwibank.
- We reached 50 staff!
- In 2013 the Kiwi Wealth KiwiSaver Scheme started to be distributed through the Kiwibank network.
- A big milestone for the business was reached when we hit $2bn funds under management across all our products.
- We were appointed a Default KiwiSaver Scheme provider.
2016 – 2018
- We gave Gareth his name back as he began his political journey as leader of The Opportunities Party. Kiwi Wealth became the main brand for all our wealth products and services.
- Kiwi Wealth is recognised at the Workplace Savings NZ awards, awarded the ‘Best Overall KiwiSaver Member Experience’
- We reached $5bn funds under management across all our products and hit 190,000 KiwiSaver members.
- Future You®, our online retirement planning tool, takes the runner up spot at the Pensions and Investments WorldPensionSummit 2017 Innovation Awards.
Our leadership team
Ian Burns - CEO
“I passionately believe that New Zealand needs its own financial services champion, so personally it is very motivating to contribute to something bigger than just banking, to know that through the clients we serve and the profits we make, we benefit the country as a whole.”
Ian is originally from the UK and has over 25 years’ experience in financial industries. He has set up, and led, wealth and investment businesses in markets around the world, including Europe, America and Hong Kong. Prior to working at Guardian Trust, Ian was responsible for leading strategy and compliance for ASB (Wealth and Insurance).
Joe Bishop - GM Customer, Product and Innovation
Joe heads up the team that focuses on the customer, product and innovation. He has spent over 13 years in the financial services industry in both the UK and New Zealand. His previous roles span business development and operations, and include a stint as head of NZX’s Smartshares business. Joe used to hold the role of Head of Wealth Products for Kiwibank, before he made the move to Kiwi Wealth in 2013.
Simon O’Grady - CIO
Simon leads the Investment Management Team, with overall responsibility for investment management processes and functions.
With a wealth of extensive hands-on experience across all asset classes and styles, Simon has a strong track record in building and operating successful investment management businesses in both New Zealand and Australia.
Simon has spent 25 years working in investment management, with previous experience in various senior management roles including stints heading the areas of investment strategy, fixed interest, asset allocation, global and alternatives in Australia. Prior to this, he was with the Reserve Bank of New Zealand, managing their foreign reserve investment portfolios.
Dave Bruce - CTO
Dave leads our IT function. One of the fastest growing teams at Kiwi Wealth, his team are responsible for the programming backbone of our business, from the development of systems and platforms right through to the IT infrastructure that keeps us going.
As one of the long standing Kiwi Wealth employees, Dave has been involved in significant transformation from the early days as Gareth Morgan Investments and his business expertise and knowledge is unfathomable.
Rob Taylor - GM Operations
“I enjoy working for Kiwi Wealth because I believe in our purpose of helping Kiwis growth their wealth and enjoy their future, and think the organisation is genuinely aligned behind delivering that.”
Rob leads the investment Operations area, which is responsible for implementing the investment management strategy, hedging, asset reconciliations, valuations and tax. He is also the AML Compliance Officer and looks after FATCA and AEOI obligations.
Craig Holloway - COO
“I work for Kiwi Wealth because I want to be part of building a business that will be great for New Zealand and New Zealanders. I believe that through hiring great people and creating an awesome work environment we’ll deliver fantastic outcomes for our clients”
Craig leads the finance, administration, risk, legal, project and customer services functions for Kiwi Wealth. This is a combination of areas that are key enablers for the business as well our front facing customer services team (who do a wonderful job looking after our customers).
Rhiannon McKinnon - GM Strategy and Partnerships
“I work for Kiwi Wealth because it combines exciting and challenging work with flexible work practices and modern attitudes to work/life balance. I work three days a week but still get to reserve time to be with my kids.”
Rhiannon leads the Strategy and Partnerships function which covers a broad remit of activities outside of business as usual, such as any potential mergers and acquisition work and the development of new business models and partnerships to compete in a digital world.
How we’re helping New Zealand
We’re helping Kiwis reach their retirement goals
We are the largest NZ owned default KiwiSaver scheme provider with 190,000 members and more than $5billion funds under management.
We care about investing responsibly
The first default KiwiSaver Scheme provider to have all investment funds certified by RIAA – we care about NZ which is why we’re all in on responsible investing.
Kiwi values – supporting us is supporting New Zealand
Because our shareholders are government owned (ACC, NZ Super Fund and NZ Post) our profits stay here in New Zealand for the benefit of everyone who calls New Zealand home.
Three things you might not know
We champion innovation
We’re always looking to improve the ways we can help our members and clients get better outcomes no matter what their goal. By giving them innovative, digital tools we give them chance to take control.
Not only has our online tool, Future You® being recognised in various global awards, we’re also the first financial services provider in the country to be approved by the Financial Markets Authority (FMA) to deliver personalised digital financial advice. Take a peek at what that means.
We’re committed to responsible investing
It applies to everything we do. None of our funds have holdings in tobacco or controversial weapons companies, directly or indirectly. At the same time, we not only exclude companies based on what they produce, we also exclude based on their behaviour and impact on people and the environment.
We’ve also been certified by a key industry body. All the investment funds in the Kiwi Wealth KiwiSaver Scheme are certified by the Responsible Investment Association Australasia (RIAA), the key local industry body representing responsible and ethical investors across Australia and New Zealand*.
We take a global approach
Investing globally is one of our strengths. We take this approach as we aim to get the best outcomes for our members and clients, we invest in a broad range of assets, spreading the risk and giving us a world of opportunity to choose from – this includes New Zealand, because New Zealand is part of the globe, too.
Because we're investing in large and liquid markets, our investment team can react speedily to market conditions.
By not having all our eggs in one basket, we give our members access to a much more diverse pool of investments.
Read our going global guide to learn more about a global approach to investing.
Keep in the loop
Once you've started there are loads of ways you can keep connected and updated at Kiwi Wealth.
Workplace by Facebook is an enterprise social collaboration tool available only to internal Kiwi Group employees. It's not like regular Facebook - only people that work for Kiwi Group Holdings are able to access and use the site.
Make sure you follow the Kiwi Wealth Workplace page
Sign up to our weekly investment market updates, these have information about global market movements, trends and more.
This is the place to go to find all the important bits – health and safety instructions, policy documents, and any forms you might need to fill out to get access to certain systems. If you’re not sure where to look – you can probably find it here (pretty creative name eh?)
Follow us on social
*The investment funds in the Kiwi Wealth KiwiSaver Scheme have been certified by RIAA according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsibleinvestment.org for details.
The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.