What ASB KiwiSaver Scheme fund am I automatically enrolled in and why?
Last Updated: 21 Nov 2023
If you were automatically enrolled in the ASB KiwiSaver Scheme (by your employer), we invest you in our Conservative Fund.
We use the Conservative Fund as it has a high proportion of lower risk assets and therefore smaller ups and downs in your balance are expected. But low risk means it is likely to deliver lower potential returns over the long term.
You can choose any one of our seven funds. Use our simple tool that makes choosing a fund easy. You can switch funds anytime in FastNet Classic internet banking.
Did this answer your question?
Related Answers
-
After they join KiwiSaver, you should deduct contributions from their next payday. If an employee (who is over 18 and ...
-
Yes. If you are on a savings suspension, you can still get the annual Government contribution (also known as a ...
-
If you are self-employed (and are not paying yourself via PAYE) or not employed, you have the flexibility to stop ...
-
If they’re not on a savings suspension, start deducting employee contributions from their first payday. If an employee (who is ...
-
It’s simple – you can top up any employee contributions with regular or lump sum contributions. You can do this ...
-
Yes, you can make regular voluntary contributions to your ASB KiwiSaver Scheme account in FastNet Classic. Find more information on ...
-
If you’re not sure which fund you want to change to, use our simple tool that makes choosing a fund ...
-
Around 8 to 10 working days from when we get your application. The process takes longer than you might expect ...
-
You can join the ASB KiwiSaver Scheme if you: are a New Zealand citizen or entitled to live in New ...
-
If you have been automatically enrolled in KiwiSaver because you recently started a new job or you asked your employer ...
-
If you have insurance cover attached to your Australian superannuation funds, this could cease when transferring your savings to a ...