What is a Portfolio Investment Entity (PIE)?

Last Updated: 29 Nov 2016

A PIE is a type of investment entity that attributes taxable income to its investors and pays tax on their behalf at their Prescribed Investment Rate (PIR). The ASB KiwiSaver Scheme is a PIE.

You can find out what PIR you should use and update it in FastNet Classic internet banking or by contacting us.

For more information about how your KiwiSaver investment is taxed see section 6 (What taxes will you pay?) of the Other Material Information document.

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