The New Zealand Retirement Trust (NZRT) is an employer-sponsored workplace savings scheme designed to help you save for a more comfortable retirement. If your employer offers a NZRT employer plan, you may be eligible to join.
With the NZRT, a team of experienced investment professionals will manage your savings to help you maximise your retirement nest egg.
If you decide to leave your employer you’ll also have the option to transfer to the My Super section of the NZRT, your own personal plan within NZRT, so you can continue to save for your retirement.
NZRT might suit you if you’re...
- looking for a retirement savings scheme operated by an experienced investment team
- wanting a flexible employer-sponsored option that you can still use if you leave your employer.
Here’s what you get:
How much does it cost?Show more
The main fees we charge for the NZRT are a monthly member fee, an administration fee, a service fee and an investment management fee which varies depending on the fund or funds chosen.
Your Member Booklet (available from your employer) will tell you if any discounts apply to your employer plan.
How it works
The NZRT has a range of funds available, each invested in a variety of assets. Ask your employer for a copy of your ‘member booklet’ to see which funds are available to you through your employer’s NZRT plan.
When it comes to your investment strategy you generally have three options (if your employer plan allows):
- AMP Lifesteps Investment Programme (Lifesteps).
- You may be able to choose your own fund, or even split your investment between funds.
- A mix of Lifesteps and a choice of your own fund.
1. You can use My AMP, where you can:
- update your personal contact details
- keep track of your savings
- change your investment options
- access the latest investment information
- view your account summary
- check and update your Prescribed Investor Rate (PIR)
- view past NZRT correspondence.
Before you make decisions about changing investments talk to an Adviser, who can help to maximise your savings in the long term.
You can also keep track of your balance while you’re on the move by using the My AMP app where you can, view your account balance, access your transaction history, view the funds you are invested in and keep up to date with news and insights.
You will need to ensure you are already registered to manage your accounts online with our online portal, My AMP before using the app.
Lifesteps: the hassle-free investmentShow more
The Lifesteps Investment Programme (Lifesteps) automatically allocates savings to the fund that matches your age over time. This means your savings are invested in the most appropriate fund for a typical investor your age.
When you’re younger, you can generally accept more unpredictable investment returns, in exchange for the potential to earn greater returns over the long term.
However, 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 risk as you age.
How to change your contributionsShow more
If you’re saving with the NZRT through your employer's plan, check your ‘member booklet’ (ask your employer for a copy) to see what contributions you’re required to make.
If your plan allows you to increase your contributions, contact your employer payroll office to change contributions from your salary.
If you’re a My Super member, and are not saving through your employer simply contact us to set up a direct debit to make regular contributions directly.
Leaving your employer? Keep on saving with My SuperShow more
When you leave your employer, you don’t need to withdraw from NZRT; we'll normally transfer your membership to My Super. My Super is your own personal plan within NZRT that allows you to continue to save for your retirement.
My Super is flexible and convenient with benefits including:
- a wide range of investment options, including both diversified and single sector funds allowing your retirement savings plan to change as you do
- ability to make regular or one off lump sum contributions (minimum amount of $50.00 per contribution)
- online access with My AMP, allowing you to check your savings, update your details, or make an investment switch, anytime, seven days a week
- access to your savings whenever you like (minimums apply).
To find out more about My Super, download the latest NZRT Product Disclosure Statement.
What funds does NZRT offer?Show more
NZRT offers a range of different funds to meet the needs of our members. They can be found in the NZRT Product Disclosure Statement and NZRT Fund Update Booklet. There will be a default fund for your employer plan and there may be limitations on your fund choice. This is outlined in your ‘member booklet’ which your employer will provide.
You can choose your own fund, or even split your investment between funds.
|Diversified funds||Goal-based funds||Single Sector funds|
|AMP Aggressive Fund||AMP Global Multi-Asset Fund||AMP Cash Fund|
|AMP Growth Fund||AMP Income Generator Fund||AMP New Zealand Fixed Interest Fund|
|AMP Balanced Fund||AMP International Fixed Interest Fund|
|AMP Moderate Balanced Fund||AMP Australasian Shares Fund|
|AMP Moderate Fund||AMP International Shares Fund|
|AMP Conservative Fund||AMP Passive International Shares Fund|
|AMP Capital Assured Fund||AMP Property Fund|
|ANZ Conservative Fund|
|Nikko AM Conservative Fund|
|ASB Moderate Fund|
|AMP Responsible Investment Balanced Fund|
|ANZ Balanced Growth Fund|
|ASB Balanced Fund|
|Mercer Balanced Fund|
|Nikko AM Balanced Fund|
|ANZ Growth Fund|
|ASB Growth Fund|
|Nikko AM Growth Fund|
|AMP Global Multi-Asset Fund|
|AMP Global Multi-Asset Fund|
You can join the NZRT workplace savings section if your employer has an NZRT employer plan.
Ask your employer, then call us to join on:
0800 800 267
Monday to Friday between 8am – 6pm.
Important informationShow more
AMP Wealth Management New Zealand Limited is the issuer and manager of the New Zealand Retirement Trust (the 'Scheme'). The Supervisor of the Scheme is The New Zealand Guardian Trust Company Limited (the 'Supervisor').