This was posted 7 years 2 months 30 days ago, and might be an out-dated deal.

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Simplicity Kiwisaver - Ultra Low Fee Kiwisaver Fund ($30 Annual Fee + 0.3%)

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Simplicity Kiwisaver - Ultra Low Fee Kiwisaver Fund ($30 Annual Fee + 0.3%)
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2cheep on 27/01/2017 - 18:36 simplicity.kiwi (81 clicks)

Little bit of an unorthdox 'deal', but I think this one has pretty big long-term payoff.

Simplicity is a not-for-profit Kiwisaver fund with an online-only business model. It's one of the lowest fee kiwisaver providers out there - according to Sorted's 'Fund Finder' it's second only to the BNZ Cash Fund (which only invests in cash assets) - see http://fundfinder.sorted.org.nz/funds/all/fees/.

There's a table on their blog (https://simplicity.kiwi/simplicity-news/crazy-kiwisaver-fees… ) which compares their fees to some other providers. potentially significant savings to be had if you are currently with your bank.

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closed Comments

  • nzmax on 27/01/2017 - 19:00

    Doesn't show the fees for lesser amounts in their table. Considering the average people have in Kiwisaver is less than 15k according to the media it really should compare with lesser bands

    • mouth on 29/01/2017 - 20:58

      $30 per annum + 0.3% of your Kiwisaver balance per annum. Pretty easy to work out.
      But agree, they should probably show it

      • nzmax on 30/01/2017 - 01:46

        Yes I understand what their fee would be. The problem though is comparing it to the other providers, as it can be difficult to find out.

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