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Kiwi saver question

Kiwi saver question

Old Nov 24th 2009, 1:37 am
  #1  
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Default Kiwi saver question

What is the easiest way to get the whole amount (including the “kick off” if possible) out? I was thinking it might be to use it as a deposit to buy part of a house that your OH has full legal ownership of (technically) or similar approach.

I enjoy the tax free bit but the schemes are astoundingly badly run . I want to put my money somewhere where I know it's being managed by folk who know stuff about how investments work.
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Old Nov 24th 2009, 8:14 am
  #2  
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Default Re: Kiwi saver question

I'm sorry I don't know, however I am intrigued by the 'tax free' comment!

What's that about? Contributions are paid from your taxed earnings, are they not?

You can always change your provider - lots of people I know swear by Gareth Morgan.

http://www.kiwisaver.com/Pages/Homepage.aspx

Caveat (said in a very fast voice): Don't take my word for it though!! I am not a financial advisor, take independent financial advice, your investments may go up or down and I have no interest in Gareth Morgan or his company and you must read the small print.

Last edited by Bo-Jangles; Nov 24th 2009 at 8:19 am.
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