It’s time for your annual KiwiSaver Health Check

It’s time for your annual KiwiSaver HealthCheck

The Financial Markets Authority (FMA) released a statement in June 2024 reminding Kiwis that now is a good time for your annual KiwiSaver Health Check. 

The announcement aligns with the time when you receive your Annual KiwiSaver Statement. Thus, a great opportunity to analyse your returns on investment and whether you’re on the right track toward your retirement goals. 

Moreover, 30th of June is the last day of the government contribution threshold for the year. You are advised to make contributions before the 26th of June to ensure that they are received in time. 

The FMA highlighted the following questions you should be asking yourself as you analyse your annual statement:

1. What is my current KiwiSaver balance? 
2. Am I in the right investment fund for me?
3. What could my balance be at age 65?
4. Do the fees I pay in dollars look reasonable? 

If you’re struggling to answer any of these questions, then you’ve come to the right place. National Capital is a licensed Financial Advice Provider specialising in KiwiSaver. By taking a few minutes to complete our HealthCheck you’ll get an instant recommendation as to what is the right provider and fund for you. Moreover, our team of advisers is always available to help answer any follow-up questions. 

25 June 2024