$100 JumpStart

Jump into the AMP KiwiSaver Scheme and get a $100 JumpStart on us.

$100 into your KiwiSaver account to get you going. Hassle free.

Here’s how it works


1.    Apply online to join the AMP KiwiSaver Scheme here
2.    Once you’ve joined, we’ll pop $100 into your AMP KiwiSaver Scheme account.

To qualify, you need to:

•    have signed up for the KiwiSaver tips newsletter,
•    have received an email with this deal in it,
•    be 18 years or older, and
•    apply to join the AMP KiwiSaver Scheme online using this form by 31 December 2021.

Once your AMP KiwiSaver Scheme account is opened, we’ll JumpStart your account with a one-off $100 contribution. 
To see the full terms and conditions click here.

Sustainable investment
Good for the planet.
Good for your balance.
We invest sustainably across our AMP-branded funds¹

Healthy returns
Mix and match funds from six of NZ’s leading investment managers. Starting with our AMP-branded funds with fees of 0.79%¹ ²

A little help
Help the way you want it. Get real answers from Kiwis like you. Simple digital tools. Expert insights & advice.

For all the reasons we think AMP is a good choice – read here

Frequently-asked questions

What are the terms and conditions?


AMP KiwiSaver Scheme - JumpStart promotion



Introduction

1. These terms and conditions (Terms) apply to the “JumpStart” promotion which will run from 12 July 2021 to 31 December 2021 (the Promotion). By participating in the Promotion as an Eligible Person, you agree to these Terms.

2. The Promotion is being offered by AMP Services (NZ) Limited (AMP), with registered offices at 29 Customs Street West, Auckland 1010, New Zealand.

3. These Terms shall be governed by and construed in accordance with the laws of New Zealand and shall be subject to the exclusive jurisdiction of the courts of New Zealand.

4. In these Terms “you” or “your” refers to the reader or participant in the Promotion.


What is the Promotion offering?

5. If an Eligible Person successfully applies to join the AMP KiwiSaver Scheme between 12 July 2021 and 31 December 2021, they will receive a complimentary, one-off $100 NZD contribution (the JumpStart Contribution) into their AMP KiwiSaver Scheme account.


Who is eligible for the Promotion?

6. The Promotion is only open to Eligible Persons. A person is an Eligible Person if they:
i. have signed up to receive the AMP KiwiSaver tips newsletter and have received an email offering this Promotion in it;
ii. apply to join the AMP KiwiSaver Scheme via the AMP website Join form from 12 July 2021 to 31 December 2021 and that application is successful;
iii. have not joined the AMP KiwiSaver Scheme through the paper form or through email;
iv. have not joined the AMP KiwiSaver Scheme with the assistance of any external adviser or with the assistance of a Workplace adviser.
v. are not already a member of the AMP KiwiSaver Scheme as at 11 July 2021; and
vi. are aged 18 or over at any time during the Promotion (being from 12 July 2021 to 31 December 2021).


Other terms of the Promotion

1. The JumpStart Contribution will be paid into your AMP KiwiSaver Scheme account only. It will be classified as a Voluntary Contribution and it will be treated as such. The JumpStart Contribution will not be paid as cash or otherwise redeemed in any other way and it is not exchangeable or negotiable, nor is it transferable to any other person.

2. Like other types of contributions to your KiwiSaver account, the JumpStart Contribution cannot be freely withdrawn. To withdraw any funds from your KiwiSaver account, you must complete and submit a withdrawal application form.

3. AMP may, in its absolute discretion and for any reason whatsoever, accept, reject or postpone the processing of any application for membership of the AMP KiwiSaver Scheme. The AMP KiwiSaver Scheme terms and conditions apply to applications for membership of the AMP KiwiSaver Scheme. AMP will refund any funds received in respect of rejected applications as soon as practicable, without any interest applied to those funds.

4. AMP reserves the right to extend, change or terminate this Promotion or change these Terms at any time and in its complete discretion. Any revision to these Terms will apply to all applications for membership of the AMP KiwiSaver Scheme submitted after the date the revised Terms were published.

5. If AMP determines in its sole discretion that you have failed to comply with these Terms in any way, AMP may take any action it considers appropriate, including cancelling and reversing any JumpStart Contribution paid into your AMP KiwiSaver Scheme account, and excluding you from further participation in this Promotion or any future similar promotions AMP may run.

6. In respect of any dispute regarding the Promotion or the payment of the JumpStart Contribution to an Eligible Person, AMP’s decision is final.

7. By taking part in the Promotion, you acknowledge that in making this Promotion available to you, AMP has not made any recommendations and has not given any opinions or financial advice as to the suitability of the AMP KiwiSaver Scheme or any if its funds for you (unless you have asked for and received financial advice from one of our Financial Advisers). The information provided in relation to the Promotion is of a general nature and does not constitute financial or other professional advice. You should make your own assessment about whether becoming a member of the AMP KiwiSaver Scheme is suitable for you and seek professional financial advice if you are unsure. Before taking any action you should always seek financial advice or other professional advice relevant to your personal circumstances. For financial advice, we recommend you contact your Adviser.

8. While care has been taken to ensure that the information provided in relation to the Promotion is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission.

9. AMP, its agents and employees, and any companies related to AMP including AMP Wealth Management New Zealand Limited, are not liable to any person for any loss, damage or liability whatsoever arising from or in conjunction with this Promotion.

10. No claim may be made against AMP, its agents and employees, and any companies related to AMP including AMP Wealth Management New Zealand Limited, in connection with any extension, change or termination AMP may make to any of the Terms of this Promotion.

11. AMP does not accept any responsibility for any tax liability incurred as a result of the JumpStart Contribution being paid into your AMP KiwiSaver Scheme account.

12. All personal information that you provide to AMP when you apply to join the AMP KiwiSaver Scheme (in order to become an Eligible Person of this Promotion) will be collected, stored and used in accordance with the Terms and Conditions of the AMP KiwiSaver Scheme.

How does the join process work?


1. Apply Online
Our online join form makes it quick and easy. We offer a little help with choosing the right fund at the start of the form, allowing you use our fund selector tool if you want to. Whether you are new to KiwiSaver or switching schemes from another provider: Click here to join with this JumpStart deal
Remember to apply by 30 September 2021.

2. We take care of the set up
We take care of everything once we have your details confirmed (and made sure you’re you), so you don’t have to.
If you are currently with another KiwiSaver provider and you are transferring to the AMP KiwiSaver Scheme, we will let the Inland Revenue Department (IRD) know and the transfer process will begin.
Once your current KiwiSaver provider has sent us your funds and the IRD have confirmed you’re now with AMP, we’ll send you a welcome pack and an email to confirm the details and let you know we have paid your $100 JumpStart Contribution into your AMP KiwiSaver Scheme account.
This usually takes a few weeks so just sit back and relax.

3. You get the deal
How the deal works: If you are eligible and you successfully apply to join the AMP KiwiSaver Scheme between 12 July 2021 and 30 September 2021, we’ll credit a one-off, complimentary $100.00 NZD contribution into your AMP KiwiSaver Scheme account.
For more information please read the JumpStart Terms and Conditions.

What else should I consider when joining a KiwiSaver provider?

Can I change my mind?
Yes!
Even if you do decide to change KiwiSaver providers, there is nothing stopping you changing your mind later.
You can decide to change your KiwiSaver provider at any time, but you can only be with one provider at a time.
As your new KiwiSaver provider, AMP will arrange for your savings to be transferred from your old KiwiSaver scheme to your new one with AMP.
After the transfer is complete, we will notify you.
The process normally takes about two weeks.
Keep in mind your old KiwiSaver provider may charge you a transfer fee (but we don’t charge for new transfers into the AMP KiwiSaver Scheme ). You can check this by looking at your old KiwiSaver provider’s Product Disclosure Statement (which you will find on their website).

Consider what you may give up
You might find there are benefits associated with changing your KiwiSaver provider, like more fund options, services such as more help with your investment choices, and tools and online apps.
But sometimes there are downsides and we want to help you understand what some of those things are before you decide to change your KiwiSaver provider.

• Impact
Make sure that your KiwiSaver is invested in things that you care about (and not in things you disagree with). There’s $82 billion invested through KiwiSaver. This money is owned by all of us, and is invested to build our savings for the future. But these investments can often contradict our values. At AMP we’re investing our members’ money sustainably, to help build a future we can be proud of and an environment we can thrive in. Find out more about sustainable investing at AMP

• Fund choice
When it comes to choosing the fund (or funds) you want to invest in with a new KiwiSaver provider, take a look at the different fund features that are available to you. KiwiSaver members choose which type of fund (or funds) they put their money into. Some funds are considered higher risk, which generally means higher potential returns over time, but with more ups and downs along the way and a greater possibility of a negative return. Others are considered lower risk, which typically deliver more consistent yet lower returns, with smaller ups and downs along the way. It’s important to be in a fund that suits your needs and your risk appetite. At AMP we’ve got 27 funds to choose from. In fact, you can choose to be in up to 7 funds at a time (at no extra charge). Or, you can choose an investment plan that automatically updates your fund as life moves on - and if that just feels a bit too much, we’ve got helpful tools to help you figure out what kind of fund suits you best.

• Service and Support
Does your current provider offer services that the one you are thinking of joining doesn't? Each KiwiSaver provider has its own level of customer service, communication, online tools, and access to expert advisers and fund managers. It’s important you’re with a provider who gives you what you want. Here at AMP we have a team of people who can help you from simple requests to concise financial advice. We feel it’s important that you have a provider who is there to give you the help and guidance that you need.

• Access
Your current provider may have great online tools and resources to help you with your KiwiSaver. With MyAMP, members can view account balances and recent transactions, see how investments are performing, change funds and make extra contributions, and if you’d prefer to talk to a real person – we do that too!

• Fees
Keep an eye on your fees to make sure you’re paying fees that you feel are fair. Your current KiwiSaver provider might be cheaper because it charges lower fees. Our sustainably invested, AMP-branded funds are now down to 0.79%¹. We’re totally transparent in what we charge – take a look here to see all our funds and their fees.

• Investment performance
Maybe your current provider has had better returns meaning your balance grew faster than it would have with the provider you are considering. Remember that past performance is no guarantee of future returns, and that returns over different periods may differ.
With AMP you don’t have to compromise on your returns when you choose to invest sustainably. Find out more here

• Extras
Sometimes KiwiSaver providers offer other benefits to their customers, like exclusive member only discounts, which require you to remain a member with them if you want to keep these benefits. So, make sure you know what (if anything) you’re giving away by switching providers. Here at AMP, our KiwiSaver members get discounted insurance and free access to BetterMoney (a money management tool that can help anyone manage their money life, online) amongst other things!

I’d like a little help from a real person who knows their stuff. Help!

If this all seems a little overwhelming and you’d like a little help, you can book a one-off session with one of our friendly Financial Advisers to discuss your savings goals and the most suitable way to approach saving for that goal.



Alternatively you can give us a call on 0800 267 5494 and we’ll connect you to the team.

Important information

1: AMP-branded funds refers to funds with the prefix ‘AMP’ (except for the AMP Balanced Fund No. 3). These funds will be managed by AMP with support from BlackRock. The AMP Balanced Fund No. 3 will have no immediate change to its underlying investment mix, but it is proposed that, subject to approval by the AMP Investment Committee, the underlying assets of the AMP Balanced Fund No. 3 will transition to be managed by AMP with support from BlackRock Investment Management in the coming weeks. Funds with the prefix ‘AMP Capital’ will continue to be managed by AMP Capital. Refer to the product tables here to see which funds are adopting AMP’s sustainable investment approach.

2: The 0.79% fee applies to AMP-branded funds, except for the AMP Cash Fund which has a lower fee of 0.59%, the AMP Default Fund which has an even lower fee of 0.39%, and except for the AMP Balanced Fund No. 3. Please consult the Product Disclosure Statement for the relevant product here for full details about applicable fees.

While care has been taken to ensure that the information on this website that is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission.
The information included on this website is of a general nature and does not constitute financial or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. For financial advice, we recommend you contact your Adviser. If you don’t have an Adviser, contact us on 0800 267 5494.
All forms of investment involve risk. None of AMP, The New Zealand Guardian Trust Company Limited or any other person or entity guarantees the performance of the AMP KiwiSaver Scheme or any investment in the AMP KiwiSaver Scheme (including returns on that investment). Past performance is not indicative of future performance. Returns over different periods may differ.
AMP Wealth Management New Zealand Limited is the issuer and manager of the AMP KiwiSaver Scheme.
For a copy of the AMP KiwiSaver Scheme Product Disclosure Statement and Fund Update Booklet, please visit amp.co.nz or contact Customer Services on 0800 267 5494.
SuperRating's methodology seeks to cover over 350 individual parts of a KiwiSaver Scheme's offering. AMP is rated gold, a good value for money KiwiSaver Scheme. SuperRatings does not issue, sell, guarantee or underwrite this product. Go to www.superratings.com.au for details of its ratings criteria.
The ratings issued by SuperRatings Pty Ltd?ABN 95 100 192 283 AFSL 311880 (SuperRatings) for AMP KiwiSaver Scheme (‘Gold’ rating) are as of 15 October 2020. SuperRatings does not guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Provision of ratings information by AMP does not constitute financial advice under the Financial Markets Conduct Act 2013. Ratings have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. Refer to our Financial Services Guide (FSG) for more information. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information and to access the full report. © 2020 SuperRatings. All rights reserved.

Canstar is Australasia's leading financial research and ratings company that has been around for over 25 years. Canstar evaluates products available to consumers from financial institutions like banking, insurance and Kiwisaver. Their expert researchers analyse every product by comparing prices and features to determine what represents outstanding value. Those products that meet their strict criteria are assigned a value-based star rating.