Whether you’re new to KiwiSaver or transferring from another KiwiSaver provider, it’s easy to sign up and no switching fees are charged by Mercer. You can apply online, or download the product disclosure statement, complete the application form at the back and post it to us. You will need your IRD number and driver’s licence. It takes less than 2 minutes and we’ll do the rest on your behalf.

You can grow your KiwiSaver money in a few easy ways. Contributions to your KiwiSaver account can come from you, your employer and the Government.

You can choose to contribute 3%, 4%, 6%, 8% or 10% from your before-tax salary or wages into your KiwiSaver account. Your employer contributes a minimum of 3% of your before-tax salary or wages, but may also contribute at other rates. The employer contribution does not apply to those who are self-employed.

You can make voluntary contributions to your KiwiSaver account via online banking and by searching for Mercer KiwiSaver scheme as a payee and following your bank’s instructions.

You can grow your KiwiSaver account every year with the annual Government contribution. The maximum amount available per annum is $521.43 and to be eligible to receive this you need to contribute $1,042.86 to your KiwiSaver account each year before 30 June.

More information about contributions can be found here.

The Mercer KiwiSaver scheme offers the choice of seven different investment options to suit your personal circumstances and financial objectives, ranging from Cash and Conservative, to Moderate, to High Growth and Shares. When choosing your investment option, it’s important to consider your life stage, how much risk you are willing to take and when you plan to withdraw your KiwiSaver money. To find out which investment option might be right for you, take our quick quiz online.

You can review and change your investment option at any time by calling our Helpline team on 0800 755 560 or logging into your KiwiSaver online account. It’s good to check your investment option annually or as your circumstances change. More information about our investment options can be found here.

Mercer invests responsibly and all of the Mercer KiwiSaver scheme funds have been certified by Responsible Investment Association Australasia (RIAA)¹. We believe a responsible investment approach is more likely to create and preserve long-term value. More information about Mercer’s responsible investment policy can be found here.

¹ The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.

The fees you pay vary depending on the investment option(s) you invest in. Fees are deducted from your investments and you may be charged other fees on an individual basis for investor-specific decisions or actions. The dollar based administration fee is $27 per annum and the same administration fee applies even if you choose more than one investment fund. If you are under 18 years of age or have a balance of less than $1,000, we will not charge you the administration fee. Please click here to find out more about our fees.

You can grow your KiwiSaver account by as much as $521 every year with the annual Government Contribution. It’s good to make sure you’re eligible to receive the maximum amount of $521.43 by contributing at least $1,042.86 each year before 30 June and if you haven’t contributed enough, you will need to top up your KiwiSaver account. To check how much you’ve contributed and if you’re on track to receive the full amount, log in to your Mercer KiwiSaver scheme account and go to “Account Activity”. You can also check your “My KiwiSaver” account at https://www.kiwisaver.govt.nz/already/track-contrib/keep-track/ to view all contributions paid to Inland Revenue from you, your employer and the Government.

To be eligible for the Government Contribution you must:

  • Be 18 years of age or older but less than the age at which you are eligible to access your KiwiSaver savings (i.e. the latter of either reaching age 65 or after 5 years’ KiwiSaver membership); and
  • Have your principal place of residence in New Zealand, with the exception of some Government employees and certain people working overseas for charities for nominal remuneration.

Your Mercer KiwiSaver scheme account is designed to help you boost your standard of living in retirement. You’ll be able to access your KiwiSaver funds once you reach the qualifying age for NZ Super, currently age 65. You may also be able to make an early withdrawal of part, or all, of your savings if you’re buying your first home, suffering from a serious illness, suffering significant financial hardship or permanently emigrating from New Zealand. More information can be found here.