Outstanding result for the ASB KiwiSaver Scheme

15 March 2018 / Published in Your Money

We’re excited to announce that for the third year in a row, ASB Group Investments Limited, the manager of the ASB KiwiSaver Scheme, was selected as one of only three finalists in the KiwiSaver Category at the Morningstar Awards 2018.

Morningstar recognises the finalists as “the providers who offer the best solution for New Zealanders’ retirement savings needs”. After winning the KiwiSaver Category in 2017, this years’ finalist nomination shows our commitment to consistently providing outstanding performance coupled with low fees, so our customers can grow their KiwiSaver savings. Here are some of the great things our customers were able to do:

  • Over the last year alone, 6,000 first home buyers have been able to use their KiwiSaver savings to assist with the purchase of their first home; and
  • At the same time, we’ve helped retirees enjoy more financial freedom by supplementing their incomes to the tune of $68 million.

We spoke to ASB’s General Manager of Wealth, Jonathan Beale, about what this nomination means for our customers and their KiwiSaver savings:

“It’s great to be recognised again by Morningstar as it’s really important to us that we are able to grow our customers savings to help them achieve great outcomes. This nomination shows us we’re making the right decisions for them.”

Need more information about the ASB KiwiSaver Scheme?

You’re with us already? Check out our Help Me Choose tool to make sure you’re in the right fund for your savings goal.

Not sure who your KiwiSaver provider is and thinking about switching to us? Find out more here.

To understand more about our investment approach and how we manage our customers’ KiwiSaver savings, more information can be found in our Statement of Investment Policy and Objectives.

For more information on the ASB KiwiSaver Scheme funds see the latest Fund Updates and returns to investors.

A Product Disclosure Statement for the ASB KiwiSaver Scheme has been lodged with the Registrar of Financial Service Providers. It is available from www.asb.co.nz (search KiwiSaver Product Disclosure Statement), or you can obtain a copy by emailing retire@asb.co.nz.

Interests in the ASB KiwiSaver Scheme (Scheme) are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). ASB provides Scheme administration and distribution services. No person guarantees interests in the Scheme. Interests in the Scheme are not deposits or other liabilities of ASB. They are subject to investment risk, including possible loss of income and principal invested. For more information see the ASB KiwiSaver Scheme Product Disclosure Statement available from www.asb.co.nz and the register of offers of financial products at https://www.business.govt.nz/disclose (search for ASB KiwiSaver Scheme).

Morningstar Awards 2017©. Morningstar, Inc. All Rights Reserved. Awarded to ASB Group Investments Limited, KiwiSaver Category Winner, New Zealand.

Morningstar Awards 2018©. Morningstar, Inc. All Rights Reserved. ASB Group Investment Limited nominated for Fund Manager of the Year in KiwiSaver Category, New Zealand.


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