An investment plan that automatically reduces the level of growth assets as you age.

Lifesteps makes it easy

The easiest way to make sure your AMP KiwiSaver Scheme funds are appropriate for your age and stage in life is to choose Lifesteps, an investment plan that automatically updates your fund as life moves on.

When you are younger, you can accept more volatility (up and down fluctuations) in investment returns in exchange for the potential to earn higher returns. As you get older, you have less time to recover any losses before needing your retirement savings. Lifesteps aims to reduce the potential for investment losses as you age.

How Lifesteps works for you:


Ben knows nothing about investments. Risks, returns, funds…it’s all a foreign language to him.
He also has a very busy life, juggling work and family commitments.
That’s why he decided to go with Lifesteps, the investment plan that automatically adjusts itself as he gets older.


Although retirement is only about 12 years away, 50-something Sarah has just joined KiwiSaver. She studied the benefits and decided that it was not too late to start accumulating a decent lump for her retirement. Sarah chose to invest in the AMP Lifesteps Programme, because she won’t have to think about switching funds as she gets older. Lifesteps has put her money in the AMP Moderate Balanced Fund, which aims to earn medium returns.
There might be some movements up and down in the value of her investments, but Sarah knows this is normal for a moderate fund.


Aged 34, Olivia is currently on maternity leave. She plans to return to work in about a year, depending on how she and her husband manage on a single income.
She’s been a KiwiSaver member since the scheme started in 2007 and chose AMP as her provider. When the Lifesteps programme was offered to her, Olivia recognised that it’s an easy way to ensure savings are in step with different stages of her life.
Currently Lifesteps has her money invested in the AMP Growth Fund, in pursuit of greater long-term returns. To keep her KiwiSaver balance growing while she’s being an at-home mum, Olivia has set up a direct debit of $25 a week. Contributing at least $21 a week will also make sure she gets the full Government contribution of $521.43.

Please note Lifesteps does not take personal circumstances into account, such as saving for a first home, so may not be right for everyone.

Join AMP Lifesteps today

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Important information

AMP Wealth Management New Zealand Limited is the issuer and manager of the AMP KiwiSaver Scheme (the 'Scheme'). The Supervisor of the Scheme is The New Zealand Guardian Trust Company Limited.
For more information, download a copy of the AMP KiwiSaver Scheme Product Disclosure Statement and Fund Update Booklet, which have been lodged on the Scheme's offers register entry at
Please note that investment in the Scheme carries risk and we recommend that you read the entire Product Disclosure Statement and Fund Update Booklet to help you assess the risk of investing in the Scheme.
Underlying assets of some of the investment funds comprised in the Scheme will rise and fall in value and returns may (with exceptions) from time to time be negative. Depending on the particular investment fund and the length of time for which an investor has invested, it is possible that an investor may receive less than the initial investment on withdrawal.
While care has been taken to supply information on this website that is accurate, none of AMP Wealth Management New Zealand Limited, the Supervisor, the underlying fund managers, any of their related companies, their directors, the Crown or any other person guarantees the Scheme, any investment in the Scheme, or any returns on an investment in the Scheme, or gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission. Past performance is not indicative of future performance and is not guaranteed by any party. Returns over different periods may differ.
A disclosure statement is available from your Adviser, on request and free of charge.