Did you know there are five contribution rates when it comes to your KiwiSaver - 3%, 4%, 6%, 8% or 10?
Along with your personal contributions, your employer contributes to your KiwiSaver as well as the Government. Stuart explains to Jess the importance of contribution rates and why a yearly review could be beneficial.
This podcast has been prepared by the FMA. The advice is of a general nature and is not intended to be financial advice and FMA does not accept responsibility for any loss that any a person may suffer from following it. The FMA recommends that our audience seek their own financial advice in respect of investing in KiwiSaver. Anyone considering investing in KiwiSaver or making changes to their investment in KiwiSaver should seek advice from a financial adviser.