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TOWER KiwiSaver Scheme
TOWER's KiwiSaver Scheme is the simple way to save for your retirement. The TOWER KiwiSaver Scheme is portable, which means that you can maintain and continue your savings when you change employers. The TOWER KiwiSaver Scheme is a registered KiwiSaver scheme under the KiwiSaver Act 2006 (the Act), as amended from time to time.
The investment options offered by the TOWER KiwiSaver Scheme are selected by the Trustee and currently comprise funds managed by TOWER Asset Management Limited. Your contributions are held in a separate account in your name and invested in one or more of the funds (see details of TOWER KiwiSaver Scheme Fund Performance here).
Your TOWER KiwiSaver Scheme balance is allocated into units which represent a share of the fund's assets. The value of the fund's assets can change, which means that the unit price can also change – this may be either up or down. The change in these values is influenced by market conditions at the time.
Neither the Crown, nor any other person or company guarantees or promises the repayment of, or return on investment in any of the TOWER KiwiSaver Scheme funds.
Who is involved in providing it for me?
The TOWER KiwiSaver Scheme is a KiwiSaver scheme under the Act, registered on 3 April 2007. TOWER Employee Benefits Limited is the Promoter, Administration Manager and Investment Manager of the TOWER KiwiSaver Scheme. TOWER Employee Benefits Limited was incorporated in 1994 and is a wholly-owned subsidiary of TOWER Managed Funds Limited. Its ultimate holding company is TOWER Limited. The Trustee of the TOWER KiwiSaver Scheme is Lighthouse Superannuation Nominees Limited, a wholly-owned subsidiary of Trustees Executors Limited.
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TOWER Cash 4 Schools programme
Cash 4 Schools is a fantastic initiative from TOWER, designed to help New Zealand schools reach their full potential. Just by nominating your local school when you sign up or transfer to the TOWER KiwiSaver Scheme, your nominated school will receive an initial $20 donation and an ongoing annual donation based on the balance of your TOWER KiwiSaver Scheme account, paid for by TOWER. Find our more and view the terms and conditions for the Cash 4 Schools programme |