The Fisher Funds KiwiSaver Scheme

The Fisher Funds KiwiSaver Scheme allows you to take an active interest in your retirement savings and know where your funds are invested and why. Fisher Funds is a specialist investment manager and has developed a reputation for its open and honest communication and for providing exceptional, personalised service.

Here’s how Fisher Funds keeps you informed:

  • A monthly e-newsletter keeping you up-to-date on where your savings are invested, the performance of each Fund and developments in KiwiSaver regulations
  • Detailed monthly online reports about your own KiwiSaver scheme account
  • 24/7 online account access
  • Six monthly transaction statements

More information about Fisher Funds

What is KiwiSaver?

KiwiSaver is a government initiative designed to help Kiwis to save for their first home or retirement. It’s voluntary, but there are some generous incentives to encourage you to get saving.

What are the benefits?

  • For every $1 you contribute the Government will contribute $0.50 (up to a maximum of $521 per year) if you are over 18
  • Employers typically make a contribution of 3% of your gross pay if you are employed, contributing and aged between 18 and 65
  • Choice of contribution rates of 3%, 4% or 8% to suit your circumstances
  • Assistance to help you buy your first home (conditions apply) – find out more

More information about KiwiSaver & its benefits

Who can join?

You must be:

  • Living in New Zealand or (entitled to permanent residence) and
  • Aged below 65

You don’t have to be working to join a KiwiSaver scheme. Self-employed workers, stay at home parents, children or beneficiaries can also join and share in certain benefits.

If you’re aged between 18 and 64 and start a new job and are not already a member of a KiwiSaver scheme you’ll be automatically enrolled (you can choose to opt-out after two weeks).

You can only have one KiwiSaver account and you can change your KiwiSaver scheme provider at any time.

Calculate how much you could save?

Find out how KiwiSaver can help you save for your retirement with the KiwiSaver calculator at 

Sorted KiwiSaver Account Calculator

Making contributions

If you are an employee your employer will deduct your KiwiSaver scheme contributions from each pay and send them to Inland Revenue along with their employer contribution. Inland Revenue then forward your contributions to your KiwiSaver scheme provider.

If you’re not working, you make your contributions directly to your KiwiSaver scheme provider and you can choose how much and how often you contribute. There is no minimum annual contribution required for the Fisher Funds KiwiSaver Scheme.

Once you have contributed to a KiwiSaver scheme for a year, you can choose to apply for a contributions holiday. The holiday period can last from three months to five years (but can be extended). 

What are the charges?

Fees deducted from your Fisher Funds KiwiSaver Scheme account

  • Administration fee: $3 per month. This covers the costs of basic administration of your KiwiSaver account and shows each month on your statement.

Fees deducted directly from your Fisher Funds KiwiSaver Scheme fund

  • Management fee: This covers the cost of investment research and is calculated as a percentage of your investment. It is calculated daily and paid monthly.
  • Performance fee: This may be payable annually on the growth fund only subject to beating the performance benchmark and other criteria. Please note, this fee is not guaranteed.

There is no fee for joining or leaving the Fisher Funds KiwiSaver Scheme.

You can also change your investment strategy up to twice a year at no cost. When it comes time to use your retirement nest egg there is no withdrawal fee.

For more information about the Fisher Funds KiwiSaver Scheme fees, please refer to the



Accessing your KiwiSaver scheme savings

There are two primary ways you can take out your KiwiSaver scheme savings.

  • For your first home – when you make a first home withdrawal (conditions apply)
  • For your retirement - when you are eligible for NZ Super (currently 65) and have been a member for a minimum of five years

If you join a KiwiSaver scheme after age 60 you will still have to wait the minimum membership time of five years, (even though you may have reached 65) before you can withdraw your savings.

At retirement you have a range of options to help you manage your savings including withdrawing some or all of your savings or setting up a regular withdrawal.

If you suffer serious illness, leave New Zealand permanently (excluding Australia) or suffer significant financial hardship you can apply to withdraw some or all of your contributions early. If you pass away your savings will be paid to your estate. 


Join or transfer to the Fisher Funds Kiwisaver Scheme
Already a Fisher Funds Customer?
Log in to Online Banking

Joined through TSB Bank?
You can view the balance of your Fisher Funds KiwiSaver Scheme account within Online Banking. You’ll find it within your Accounts Summary when you have logged in.

Download Form

Not enrolled through TSB Bank?
Complete and return the Information Authority Form, which will allow Fisher Funds to share your account details with us and show these details to you in Online Banking.

  • Terms and Conditions

    Fisher Funds Management Limited (“Fisher Funds”) is the issuer and TSB Bank Limited (“TSB Bank”) distributes the Fisher Funds KiwiSaver Scheme (the “Scheme”) on behalf of Fisher Funds. A copy of the Product Disclosure Statement for the Scheme is available from TSB Bank and Fisher Funds. Interests in the Scheme are subject to investment risk including possible loss of income and principal invested. Neither TSB Bank nor any other person guarantees (either partially or fully) interests in the Scheme (including the repayment of any capital value or the performance of those securities). An investment in the Scheme is not a deposit with TSB Bank.