'Making Plans' e-newsletter
Welcome to the first edition of Making Plans for 2013.
If you are an AMP Wealth KiwiSaver Scheme member - Making Plans is what you will receive from now on instead of Save it for Later.
The good news is that it's all good news!
Your retirement savings are about to be given a real boost with the implementation of the Government's plan to increase minimum KiwiSaver contributions for both you and your employer from 2% to 3%.
Considering most of us aren't actually saving enough for a comfortable retirement, this is a great solution for long-term savings.
And here's another good news story.
You could get an extra $521.43 every year paid into your KiwiSaver. This is a must-read for anyone who doesn't want to miss out on this Government bonus.
And finally, we'll give you a brief overview on the latest news in world finance.
If you have any questions about any of the articles in this newsletter, talk to us on 0800 808 267, or 0800 29 2728 if you are an AMP Wealth KiwiSaver Scheme member. Alternatively you can contact your Adviser.
GM Marketing and Customer Sales
GM Marketing & Customer Sales,
AMP Financial Services
KiwiSaver is changing
A couple of years ago the government announced that minimum contribution rates for both employees and employers would increase. Unfortunately, research shows the majority of New Zealanders feel they are not saving enough money to fund a comfortable retirement*. And after a lifetime of working hard, that's a reality none of us want to be faced with.
Give yourself a savings boost of over $500
We all need a little boost now and then, especially when it comes to our all-important retirement savings. That's why the Government is prepared to credit you up to $521.43 into your KiwiSaver scheme account.
What in the world? Market Update
The world of finance is always changing but our latest economic overview should help you stay up to date.