KiwiSaver for over 65s

A smart way to save, low fees and access when you need it. Has KiwiSaver become an ideal investment option for over 65s?

A new choice for managing your nest egg

Did you know you can join KiwiSaver even if you’re over 65? You can invest your savings in the ASB KiwiSaver Scheme and have access to your savings when you need it. If you're still working, you can keep making regular contributions from your wages. If you want to stop making regular contributions, you can complete a non-deduction notice and give it to your employer.

Why join the ASB KiwiSaver Scheme?


The ASB Group helps around 500,000 Kiwis invest for their future, so you can be confident we have the experience and expertise to help you save for your retirement. 

Low fees.

The ASB KiwiSaver Scheme has competitive fees compared to other managed funds, leaving more of your money invested to maximise returns.

Cashflow when you need it.

When you're 65 or over, you can access the funds in your ASB KiwiSaver Scheme account at any time. You can also set up regular withdrawals of at least $100 fortnightly, monthly or quarterly and/or lump sum amounts of at least $500 each time to provide a regular income. You just need to keep at least $2,000 in your ASB KiwiSaver Scheme account.

Boost your savings.

If you're employed and over 65 your employer can still make contributions to your KiwiSaver account, but they're not required to by law.

Know where you're at.

We've redesigned our online account view to make information easier to understand. You can now set up your KiwiSaver savings goal and project your future balance – all within FastNet Classic internet banking and our ASB mobile app. Find out more.

Help me choose a fund

Choosing the right fund is an important part of achieving your savings goals.

Some funds grow slowly but steadily, and rarely take a step back. Others have stronger long-term growth potential, but can drop back now and then.

Use our Help Me Choose tool to make selecting a fund easy.

Help me choose

Your returns with the ASB KiwiSaver Scheme

There are lots of investment options for your nest egg. We understand how important it is to maximise your savings so it can be a balance between risk and return.

Secure investments like term deposits and savings accounts generally have lower returns, whereas investments in managed investment schemes such as the ASB KiwiSaver Scheme, may potentially produce higher returns depending on the fund and how long you invest.

See the latest ASB KiwiSaver Scheme returns to investors.

View now


Join or transfer to the ASB KiwiSaver Scheme

Join or transfer

Ready for the next step? Join or transfer and start saving.

Join or transfer

Call us

Speak to a KiwiSaver specialist.

0800 ASB RETIRE (0800 272 738)

Visit a branch

Visit us at one of our many branches across New Zealand.

Find a branch

Any questions?

We’ll help with your ASB KiwiSaver Scheme query.

Ask us now

Other helpful guides

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 this website and the register of offers of financial products at www.disclose-register.companiesoffice.govt.nz (search for ASB KiwiSaver Scheme).

ASB KiwiSaver Scheme KiwiSaver for over 65 year olds