MoneyHub NZ
  • Investing & Saving
    • Reviews >
      • Sharesies Review
      • InvestNow Review
      • Hatch Review
      • Stake Review
      • ASB Securities Review
      • Direct Broking Review
      • Interactive Brokers
      • Simplicity Investment Funds Review
      • Bonus Bonds Review
      • Squirrel Money Review
      • Smartshares Review
      • Sharesight Review
      • Lending Crowd Review
      • Lifetime Retirement Income
      • Kernel Review
    • Guides >
      • Investing Guide
      • Investments You Can Own Forever
      • How to Invest in Shares
      • Passive Income Strategies
      • Best Investment Apps
      • 10 Top Investments for Young New Zealanders
      • Exchange Traded Funds
      • Shares vs ETFs
      • Index Funds vs ETFs
      • Ethical Investing
      • Dollar-Cost Averaging Guide
      • Stocks and Shares Trading Games
      • Contracts for Difference (CFDs) Guide >
        • CMC Markets Review
      • Forex Trading Guide
      • NZX in a Nutshell
      • Managed Funds
      • Investing in Bonds
      • Investing in the US Stock Market from New Zealand
      • Trading in a Nutshell
      • Peer to Peer Lending
      • Crowd Funding Guide
      • Barefoot Investor-Friendly Financial Products in New Zealand
      • Investing for Kids
      • What Happens If Your Investing Platform Shuts Down?
      • How to Read and Understand a Share Chart
      • Investing & Personal Finance Podcasts
      • How to Retire Early
      • Emergency Funds
      • UK Pension Transfer to New Zealand
    • Comparisons >
      • Sharesies vs Hatch vs Stake
      • Hatch vs Stake
      • Comparing Sharesies vs Investnow vs Hatch and more
      • Understand Gross vs Net
    • Best Term Deposits
    • Term Deposit Alternatives
    • 10 Ways to Invest in New Zealand
    • Index Funds
    • Financial Advisers >
      • Financial Advisers Auckland
    • Top 10 New Zealand Personal Finance Experts
    • Cryptocurrency >
      • How to Buy Bitcoin in New Zealand
      • Easy Crypto Review
      • Beginner's Guide to Bitcoin and Blockchain
      • New Zealand Bitcoin Exchanges
  • Calculators
    • Mortgage Repayment Calculator
    • PAYE Income Tax Calculator
    • PAYE Tax Rates
    • Retirement Calculator New Zealand
    • Credit Card Interest Calculator
    • Savings Calculator
    • Term Deposit Calculator
    • Debt Consolidation Calculator
    • Personal Loan Calculator
    • Refinance Personal Loan Calculator
    • Car Loan Refinance Calculator
    • Mortgage Calculator
    • Offset Mortgage Calculator
    • Net Worth Calculator
    • Million Dollar Calculator
    • Investment Calculator
    • Car Repayment Calculator
    • Compound Interest Calculator
    • Basis Points Calculator
    • Inflation Calculator
    • Interest Calculator
    • Boat Financing Calculator
    • Home Renovation Loan Calculator
    • Mortgage Overpayment Calculator
    • GST Calculator
    • BMI Calculator New Zealand
  • Loans & Finance
    • Reviews >
      • Harmoney Loans Review
      • Simplify Loans Review
      • Avanti Finance Review
      • GEM Visa Review
      • Onecard Visa Review
      • Purple Visa Review
      • Afterpay Review
      • Laybuy Review
      • Oxipay Review
      • Zip Review
      • Q Card & Q Mastercard Review
      • Moola Review
      • Save My Bacon Review
    • Guides >
      • Credit Score and Credit Check
      • Interest Rates Guide
      • Interest Rate Comparison
      • Reverse Mortgages
      • Harmoney vs Moola
      • Baycorp and Debt Collection
    • Personal Loans
    • Secured Loans
    • Car Finance
    • How to Refinance Your Car Loan
    • Debt Consolidation Loans
    • Bad Credit Car Loans
    • Car Dealership Finance vs Alternatives
    • Bad Credit Loans
    • Beneficiary Loans
    • Same Day Loans
    • Payday Loans
    • Low Income Loans
    • Cash Advance
    • Home Renovation Loans
  • Insurance
    • Car Insurance
    • House Insurance
    • House Insurance Calculator
    • Pet Insurance >
      • Cat and Dog Desexing
      • Pet Euthanasia
    • Life Insurance >
      • Life Insurance Calculator
    • Health Insurance
    • Income Protection Insurance
    • Mortgage Protection Insurance
    • Landlord Insurance
    • Contents Insurance
    • Home and Contents Insurance
    • Dental Insurance and Dentist Plans
    • Renters' Insurance
    • Phone Insurance
    • Funeral Insurance >
      • Funeral Costs
    • Insurance Excess
    • Motorbike Insurance
    • Insurance Brokers >
      • Trusted Insurance Brokers in Wellington
      • Trusted Insurance Brokers in Christchurch
    • Warehouse Money Review
    • Travel >
      • Travel Insurance
      • 1Cover Travel Insurance
      • AMI Travel Insurance
  • Credit Cards
    • Reviews >
      • TransferWise Debit Card Review
      • Flight Centre Mastercard Review
      • American Express Airpoints Platinum Review
      • American Express Credit Cards Review
    • Guides >
      • Credit Card Basics
      • Mastercard vs Visa
      • Credit Card Minimum Payments
      • Where is Amex Accepted?
    • Best Credit Cards
    • Our Favourite Cards
    • Balance Transfer Credit Cards
    • Free Credit Cards
    • Rewards and Cashback Credit Cards
    • Air New Zealand Credit Cards
    • Low Interest Credit Cards
    • Credit Cards for Bad Credit
    • Best Foreign Currency Debit & Credit Cards
    • Chargebacks (Credit and Debit Cards)
  • Bank Accounts
    • Best Bank Accounts
    • Best Savings Accounts
    • Best Debit Cards
    • Cut Overdraft Costs
    • Best Bank Accounts for Kids
    • Open Banking Guide
    • International Money Transfers
    • NZ Bank Prefix Codes
    • Reviews >
      • Western Union Review
      • TransferWise International Money Transfer Review
      • Heartland Bank Review
      • First Credit Union Review
      • NZCU Baywide Review
      • NZCU South Review
      • The Co-operative Bank NZ Review
  • Mortgages
    • Guides >
      • Mortgage Options
      • Interest-Only Mortgages Guide
      • First Home Loan Guide
      • First Home Buyers Checklist
      • Pay Off Your Mortgage Faster
      • Mortgage Holiday Guide
      • New Zealand Property Types
      • Remortgaging Guide
      • Renting Directly to Tenants vs Using an Agent
      • Rateable Value vs Market Value
      • Leasehold Property Guide
      • Offset Mortgages
    • Top 10 Home Loans
    • Low-Deposit Home Loans
    • Revolving Credit Mortgages
    • Rent to Own Homes
    • Investment Property Mortgages
    • How to Sell Your House Privately
    • Mortgage Brokers >
      • Trusted Mortgage Brokers in Auckland
      • Trusted Mortgage Brokers in Hamilton
      • Trusted Mortgage Brokers in Tauranga
      • Trusted Mortgage Brokers in Napier and Hastings
      • Trusted Mortgage Brokers in Wellington
      • Trusted Mortgage Brokers in Christchurch
    • Calculators >
      • Interest-Only Mortgage Calculator
      • Amortisation Calculator
      • Mortgage Refinance Calculator
      • Fixed or Floating Mortgage Rate Calculator
      • How Much Can I Borrow?
  • KiwiSaver
    • Our Favourite KiwiSaver Funds
    • KiwiSaver Essentials >
      • Retirement in a Nutshell
      • Switching KiwiSaver Funds
      • KiwiSaver and Tax
      • KiwiSaver Withdrawal
      • Choosing Your KiwiSaver Provider
      • Opting out of KiwiSaver
      • KiwiSaver Calculator
      • What's My PIR?
      • Contributions >
        • How to Check Your KiwiSaver Contributions
        • KiwiSaver Contributions - Gross or Net?
        • Your KiwiSaver Contributions
        • Employer KiwiSaver Contributions
        • Government KiwiSaver Contributions
        • KiwiSaver Contributions Holiday
        • Voluntary Contributions
    • KiwiSaver Returns Calculator
    • Guides >
      • KiwiSaver Hardship Applications
      • Choosing a KiwiSaver Fund
      • KiwiSaver Guide
      • KiwiSaver for Kids
      • KiwiSaver First-Home Withdrawal
      • KiwiSaver HomeStart Grant Guide
    • Schemes >
      • Amanah KiwiSaver Scheme
      • AMP KiwiSaver Scheme
      • ANZ KiwiSaver Scheme
      • ASB KiwiSaver Scheme
      • AON KiwiSaver Scheme
      • BNZ KiwiSaver Scheme
      • Booster KiwiSaver Scheme
      • CareSaver KiwiSaver Review
      • Fisher Funds KiwiSaver Scheme
      • Generate KiwiSaver Scheme
      • JUNO KiwiSaver Scheme
      • kōura Wealth KiwiSaver Review
      • Lifestages KiwiSaver Scheme
      • Kiwi Wealth KiwiSaver Scheme
      • Mercer KiwiSaver Scheme
      • Milford KiwiSaver Plan
      • New Zealand Defence Force KiwiSaver Scheme
      • Nikko AM KiwiSaver Scheme
      • Westpac KiwiSaver Scheme
      • QuayStreet KiwiSaver Scheme
      • Simplicity KiwiSaver Review
      • Summer KiwiSaver Scheme
      • SuperLife Review
  • Better Living
    • 20 Ways to Save LOTS on Household Bills
    • Home & Kitchen >
      • Best Vacuum Cleaners
      • Best Coffee Grinders
      • Best Waffle Makers
      • Best Air Purifiers
      • Best Dehumidifiers
      • Best Treadmills
      • Firewood >
        • Firewood Auckland
        • Firewood Wellington
        • Firewood Christchurch
        • Firewood Dunedin
      • Rubbish Removal Companies in Auckland
      • Auckland Pest Control
    • Make Money Online
    • Paid Survey Websites Review
    • Free Samples
    • Valued Opinions Review
    • Budgeting Apps
    • 50/30/20 Budget Calculator
    • Budget Planner
    • Single Parenting and Money
    • School Holiday Activities >
      • Auckland School Holiday Activities
      • Wellington School Holiday Activities
      • Christchurch School Holiday Activities
    • 65+ Best Online Shopping Websites in New Zealand
    • Shoe Size Conversion Guide
    • Affordable Online Clothes Shopping
    • Best Baby Clothes
    • Dress Size Conversion
    • New Zealand Fashion Designers
    • Buy Books Online
    • Black Friday New Zealand Deals
    • Daycare Checklist
    • How to Sell on Fiverr
    • Computer & Accessories >
      • Best Printers
      • Computer Desks
      • Auckland Computer Repair Experts
    • Lending Money to Friends & Family
    • Parking Tickets
    • Retirement Villages
    • Tax Refunds
    • Chimney Sweep Auckland
    • Blinds, Curtains and Drapes Auckland
    • Events >
      • Best Caterers >
        • Auckland Catering
        • Tauranga Catering
        • Hamilton Catering
        • Wellington Catering
        • Christchurch Catering
        • Dunedin Catering
        • Lower Hutt Catering
      • Weddings on a Budget
      • Wedding Budget Calculator
      • Auckland Wedding Car Hire
      • Auckland Wedding Photographers
      • Auckland Wedding Celebrant
      • Affordable Auckland Florists
      • Wedding Videographers Auckland
      • Wellington Wedding Photographers
      • Christchurch Wedding Photographers
      • Queenstown Wedding Photographers
    • Car & Motorbike >
      • Car Detailing >
        • Auckland ​Car Detailing
        • Hamilton ​Car Detailing
        • Tauranga ​Car Detailing
        • Wellington ​Car Detailing
        • Christchurch ​Car Detailing
        • Dunedin ​Car Detailing
      • Quality Tyres Auckland
      • Top Auckland Auto Electrical Specialists
      • Best Car Batteries
      • Best Electric Cars
      • Electric Scooters
      • Best Electric Bikes
    • Screen Printing Auckland
    • Online Business >
      • Social Media Influencer Marketing
      • Trusted Auckland SEO Companies
      • Auckland Graphic Design
    • Dry Cleaners Auckland
    • Window Tinting Auckland
    • Cabinet Makers Auckland
    • Naturopaths Auckland
    • Asbestos Removal Auckland
    • Makeup Artists Auckland
    • Dentists Auckland
    • Arborists Auckland
    • Auckland Security Systems
    • Podiatrists Auckland
    • Optometrists Auckland
    • Auckland Land Surveyors
    • Cleaners Auckland
    • Gutter Cleaning Auckland
    • Chiropractors Auckland
    • Fridge Repair Auckland
    • Auckland Landscapers
    • Pets >
      • Trusted Catteries >
        • Cattery Auckland
        • Cattery Hamilton
        • Cattery Tauranga
        • Cattery Wellington
        • Cattery Christchurch
      • Trusted Dog Boarding >
        • Dog Boarding Kennels Auckland
        • Dog Boarding Kennels Hamilton
        • Dog Boarding Kennels Tauranga
        • Dog Boarding Kennels Wellington
        • Dog Boarding Kennels Christchurch
      • Trusted Doggy Daycare Providers >
        • Dog Daycare Auckland
        • Dog Daycare Wellington
        • Dog Daycare Christchurch
      • Puppy Schools >
        • Puppy School & Dog Training Auckland
        • Puppy School & Dog Training Hamilton
        • Puppy School & Dog Training Wellington
        • Puppy School & Dog Training Christchurch
      • Trusted Dog Groomers >
        • Dog Grooming Auckland
        • Dog Grooming Hamilton
        • Dog Grooming Tauranga
        • Dog Grooming Wellington
        • Dog Grooming Christchurch
    • Renovations >
      • Trusted Auckland Painters
      • Trusted Auckland Electricians
      • Trusted Builders >
        • Trusted Auckland Builder
        • Trusted Builders in Tauranga
        • Trusted Builders in Hamilton
        • Trusted Builders in Wellington
        • Trusted Builders in Christchurch
        • Trusted Builders in Dunedin
        • Trusted Builders in Lower Hutt
      • Plumbers >
        • Trusted Plumbers in Auckland
        • Trusted Plumbers in Hamilton
        • Trusted Plumbers in Tauranga
        • Trusted Plumbers in Wellington
        • Trusted Plumbers in Lower Hutt
        • Trusted Plumbers in Christchurch
        • Trusted Plumbers in Dunedin
      • Panelbeaters >
        • Trusted Panel Beaters in Auckland
        • Trusted Panel Beaters in Hamilton
        • Trusted Panel Beaters in Tauranga
        • Trusted Panel Beaters in Wellington
        • Trusted Panel Beaters in Lower Hutt
        • Trusted Panel Beaters in Christchurch
        • Trusted Panel Beaters in Dunedin
      • Building Inspectors >
        • Auckland Building Inspectors
        • Hamilton Building Inspectors
        • Tauranga Building Inspectors
        • Napier and Hastings Building Inspectors
        • Wellington Building Inspectors
        • Christchurch Building Inspectors
        • Dunedin Building Inspectors
      • Lawn Mowing Services >
        • Trusted Lawn Mowing Services in Auckland
        • Trusted Lawn Mowing Services in Hamilton
        • Trusted Lawn Mowing Services in Tauranga
        • Trusted Lawn Mowing Services in Wellington
        • Trusted Lawn Mowing Services in Christchurch
      • Auckland Glazier
      • Garage Door Repairs Auckland
      • Auckland Flooring
      • Best Auckland Locksmiths
      • Concreters Auckland
      • Auckland Scaffolding Companies
      • Bathroom Renovations Guide >
        • Bathroom Renovations Auckland
      • Auckland Roofing
      • Auckland Solar Panels
    • The Complete Guide to Renting in New Zealand
    • Heat Pump Experts >
      • Heat Pumps Auckland
      • Heat Pumps Tauranga
      • Heat Pumps Hamilton
      • Heat Pumps Napier and Hastings
      • Heat Pumps Wellington
      • Heat Pumps Christchurch
      • Heat Pumps Dunedin
    • Trade Me Selling Tips
    • Prezzy Cards
    • Food >
      • Christmas Club >
        • New World Christmas Club Review
        • PAK'nSAVE Christmas Club Review
        • Countdown Christmas Club Vouchers
      • Coupons & Deals >
        • Kids Eat Free
        • Domino's Coupons
        • Pizza Hut Coupons
        • KFC Coupons
        • Burger King Coupons
        • McDonald's Coupons
        • BurgerFuel Vouchers
        • Hell Pizza Vouchers and Coupons
    • Health & Personal Care >
      • Teeth Whitening
      • Anti-Ageing Creams
      • Hair Straighteners
      • Sunscreen
      • Jenny Craig Review
      • Weight Watchers Review
    • Grammarly Review
    • Moving to New Zealand
    • Teaching Kids About Money
  • Business
    • 10 Money Saving Tips For Businesses
    • How to Start a Business in New Zealand
    • Reviews >
      • PayPal NZ Account Fees
      • Paypal vs Stripe Review
      • Plain English Awards
    • Business Insurance
    • Public Liability Insurance
    • Business Credit Cards
    • Business Loans
    • Business Podcasts
    • Domain Names
    • Top Web Designers >
      • Auckland Web Designers
      • Hamilton Web Designers
      • Wellington Web Designers
      • Christchurch Web Designers
      • Tauranga Web Designers
      • Lower Hutt Web Designers
      • Dunedin Web Designers
    • Get Debtors to Pay Overdue Invoices
    • Calculators >
      • Business Loan Calculator
      • ROI Calculator
      • Percent Off Calculator
      • Profit Margin Calculator
      • Current Ratio Calculator
      • Quick Ratio Calculator
  • Work and Income
    • Navigating Work and Income Benefits
    • Jobseeker Support Guide
    • Accommodation Supplement Guide
    • Disability Allowance
    • MyMSD
    • Community Services Card
    • Hardship Assistance - Urgent Costs and Living Expense Assistance
    • Loans for Unemployed
    • Working for Families Guide
    • NZ Superannuation in a Nutshell >
      • Superannuation Rates 2021
    • Debt Help
    • Bankruptcy Guide
    • Government Departments Helping New Zealanders Directly
    • COVID-19 Help
    • Food Grants Guide
    • Food Banks Directory >
      • Food Banks Auckland
      • Food Banks Northland
      • Food Banks Hamilton Waikato
      • Food Banks Wellington
      • Food Banks Christchurch
    • Free Money from the Government
  • Students
    • Scholarships 2021
    • All About Money >
      • Money in a Nutshell for Teenagers
      • Student Bank Accounts
      • Student Loans
      • Student Money Tips
      • Smart Money Tips for Kids
    • Education >
      • Year 13 Essential Checklist
      • Alternative Study Providers
      • What to Study in 2022
    • Jobs >
      • Student Jobs Guide
      • Student CV Template
      • Student Job Cover Letters
      • Student Job Interview Questions and Answers
    • Freebies for School Students
    • School Holidays NZ 2021
    • Public Holidays 2021 & 2022
  • Motoring
    • Buying a Used Car
    • 20 Ways to Make Driving Cheaper
    • AA Membership Review
    • Vehicle Leasing
    • Best Car Mechanics >
      • Best Auckland Car Mechanics
      • Best Car Mechanics in Hamilton
      • Best Car Mechanics in Tauranga
      • Best Car Mechanics in Wellington
      • Best Car Mechanics in Lower Hutt
      • Best Car Mechanics in Christchurch
      • Best Car Mechanics in Dunedin
    • Warrant of Fitness Guide >
      • Warrant of Fitness Auckland
      • Warrant of Fitness Hamilton
      • Warrant of Fitness Tauranga
      • Warrant of Fitness Lower Hutt
      • Warrant of Fitness Wellington
      • Warrant of Fitness Christchurch
      • Warrant of Fitness Dunedin
  • Wills and Trusts
    • Wills Guide
    • Prenuptial Agreements
    • Trusts Guide
    • Divorce Guide
    • Enduring Power of Attorney Guide
    • Living Wills Guide
  • Employment
    • CV Templates & Tips
    • Cover Letters
    • Common Interview Questions
    • How to Improve Your LinkedIn Profile
    • Part-Time Jobs Guide
    • How to Get Promoted
    • Self-Employment Guide
    • Workplace Bullying
    • Side Hustles in New Zealand
    • Recruitment Agencies >
      • Recruitment Agencies Auckland
      • Recruitment Agencies Wellington
      • Recruitment Agencies Christchurch
  • Travel
    • Car Rental Hire
    • Auckland Airport Car Parking
    • First Table Guide
    • Cheap Domestic Flights
    • Queenstown Like a Local
    • Auckland Travel for Less
    • Hotel Booking Sites Compared
    • 100+ Free Things to do in Auckland
    • Layby Flights Guide
    • Travel Money Cards
    • Airbnb Refunds (Coronavirus)
    • Air New Zealand Refunds & Credits
    • Google Flights Guide
    • Skyscanner Guide
    • Air NZ Upgrade Guide
    • Currency Converter
    • No Nonsense Upgrade Guide
    • Air New Zealand Travel Tips
    • Airpoints Flexipay Guide
    • Qatar Airways Travel Tips
    • Foreign Currency Exchange >
      • Australian Dollars Exchange Rate
      • American Dollars Exchange Rate
      • British Pound Exchange Rate
      • Canadian Dollars Exchange Rate
      • Euro Exchange Rate
      • Fijian Dollars Exchange Rate
      • Hong Kong Dollar Exchange Rate
      • Korean Won Exchange Rate
      • Indian Rupee Exchange Rate
      • Japanese Yen Exchange Rate
      • Malaysian Ringgit Exchange Rate
      • South African Rand Exchange Rate
      • Singapore Dollars Exchange Rate
      • Thai Baht Exchange Rate
      • Chinese Yuan Exchange Rate
  • Entertainment
    • Netflix Review >
      • Best Netflix Movies
      • Best Netflix TV Shows
    • Amazon Prime Video Review >
      • Best Amazon Prime Movies
      • Best Amazon Prime TV Shows
    • Disney+ Review
  • Mobile Phones
    • Best iPhone Plans
    • Compare Mobile Plans
    • SIM Only Mobile Plans
    • Mobile Data Roaming
    • Spark Mobile Review
    • Vodafone Mobile Review
    • 2degrees Mobile Review
    • Best Power Banks
  • Health
    • Gym Memberships Guide >
      • Auckland Gym Memberships Guide
      • Hamilton Gym Memberships Guide
      • Tauranga Gym Memberships Guide
      • Wellington Gym Memberships Guide
      • Christchurch Gym Memberships Guide
      • Dunedin Gym Memberships Guide
    • Personal Trainers >
      • Personal Trainers Auckland
      • Personal Trainers Hamilton
      • Personal Trainers Tauranga
      • Personal Trainers Wellington
      • Personal Trainers Christchurch
      • Personal Trainers Dunedin
    • Acupuncture Auckland
  • Search MoneyHub

Milford KiwiSaver Plan Review

Milford KiwiSaver scheme review
​Updated 12 February 2021

Please note, we are currently re-reviewing this guide and expect to overhaul it in late February 2021. For the latest details about the Milford KiwiSaver Plan. please see the Product Disclosure Statement (external link).

A Summary of the Milford KiwiSaver Plan
  • Milford offers six KiwiSaver funds, presenting investors with a spectrum of risk, from cash-investing funds to aggressive growth options.
  • Milford's Active Growth Fund is one of our favourite KiwiSaver funds, given its long-term performance.
  • Management fees are higher than some other, more traditional, KiwiSaver options because Milford has to pay the costs involved with actively managing a fund. These include brokerage when trading shares, the fees of any underlying external fund managers, and the costs of the analysts and fund managers (i.e. overhead) that work for Milford.
  • The plan publishes fantastically clear fund updates every three months, all of which show exactly where each fund invests at a granular level (a specific share, external fund managers or cash investment), building confidence with investors. Every Milford KiwiSaver investor also receives a monthly review of commentary and performance data for all three funds.
  • There are three types of fees; $3.00 per month is charged for being a member of the Milford KiwiSaver Plan, and once you start contributing to your fund, management fees (0.20% to 1.09%, depending on the fund). There is also a performance fee for some funds if performance targets are met.
  • Switching between any Milford KiwiSaver fund is free. There are no joining fees or exit fees if you take your money to another fund.

​Our Review 
In this guide, we outline what the Milford KiwiSaver Plan is, what funds they offer to KiwiSaver members and how they're different to other funds, as well as looking at alternatives and the level of fees involved. This Guide covers:
  • The Specs of MIlford KiwiSaver, Fees and Where Your Money Is Invested
  • ​Milford KiwiSaver in the Media - What You Need To Know
  • Who is Milford KiwiSaver Suited to?
  • 8 Things To Know About Milford KiwiSaver
  • Conclusion​

​
Please note: MoneyHub is not a Financial Adviser, and this guide has been published to explain the investment fundamentals and outline the pros and cons of Milford as a KiwiSaver investment option.
Pros & Cons
PROS
  • Six clearly-defined funds that offer a sliding scale of risk and return
  • A trusted KiwiSaver provider which has won multiple awards within the industry
  • Funds have a history of top performance - our KiwiSaver returns comparison tool outlines for the most recent three year period.
  • Investors get an actively managed fund, aimed at beating market returns year after year

​CONS
  • Higher-than-standard management fees - this is due to the costs associated with running actively managed funds, specifically the overhead of employing a New Zealand-based fund management team. 
  • There is no age-based investment option, meaning there is only a choice of six funds and no option to gradually move money into more conservative investments as members get older. 
  • Underlying Managers Performance Fees - the Balanced Fund and Active Growth Fund imposes a performance fee, which is explained in detail in the fund's outline below. 

Read this First: Fees, Performance and Understanding What's Best For Your Situation
A lot of media attention focuses on KiwiSaver fees, but this is only one thing to consider when picking the most suitable provider and fund for your retirement needs. Milford would likely argue fees should be far less of a consideration and instead point to the past returns (although this is no indication of future performance) and the value for money the fees offer given the services of leading international investment managers.

​We believe that being comfortable with what you're investing in is the most important aspect of saving for your retirement, not the fee you'll pay. For example, if you are not willing to risk your money in the sharemarket, it wouldn't be in your interests to invest in a growth fund.
Milford KiwiSaver scheme review

The Specs of Milford KiwiSaver Plan - fees, returns and where your money is invested

  • Milford Funds Limited, a fund manager, is the manager of the six Milford KiwiSaver funds.
  • Up-to-date fund performance data is available every three months for each fund on the Milford website.
  • Milford operates six KiwiSaver funds and invests KiwiSaver money in two asset classes:
  1. Income assets — refers to lower risk investments such as cash and fixed interest securities 
  2. Growth assets — refers to higher risk investments such as Australasian and International equities (shares) and property.
  • Each of the six funds has a unique risk factor (1 = lowest, 7 = highest) and an annual management fee, as well as distinct investment profiles.

Outline of the Conservative Fund, Balanced Fund and Active Growth Fund

1: Conservative Fund
This fund invests 83% of its money into income assets (term deposits and fixed interest), and 17% in growth assets (equities and listed property).
  • ​Annual management fee: 0.96%
  • Risk factor: 2
  • Suggested minimum investment period: 3 years 

Investment Composition targets
Income Assets
  • Cash and Cash Equivalents: 6%
  • NZ Fixed Interest: 36%
  • International Fixed Interest: 41%
​Growth Assets
  • Australasian Equities: 6%
  • International Equities: 7%
  • Listed Property: 4%
  • Unlisted Property: 0%
  • Commodities 0%
  • Other 0%

We say: Milford's conservative fund sees active investment managers chasing the highest interest rates offered by banks and company bonds while ensuring what they invest in has suitable credit ratings. The conservative fund invests primarily in New Zealand assets - the top 3 recent holdings included a NZ dollar cash deposit with Australia's NAB Bank (6%),  a term deposit with Westpac (2%) and a bond with Investore Property (2%). 

The annual management fee of 0.96% is higher than most conservative funds operated by other KiwiSaver option. Nevertheless, Milford's active management structure incurs higher costs which need to be passed on to investors. 
2: Balanced Fund
This fund invests 60% of its money into growth assets (equities and listed property), keeping 40% in income assets such as fixed-term deposits.
  • Annual management fee: 1.14%
  • Performance fee range: The Balanced Fund does not directly charge a performance fee, but it invests in underlying Milford funds that do, such as the Global, Trans-Tasman and Dynamic Funds which are not KiwiSaver funds. Regarding an investment, the historical performance fee calculates to be $27 on a $10,000 investment and only charged when the fund has made an above-market return.
  • Risk factor: 3
  • Suggested minimum investment period: 5 years 

Investment Composition targets
Income Assets
  • Cash and Cash Equivalents: 9%
  • NZ Fixed Interest: 11%
  • International Fixed Interest: 20%
​Growth Assets
  • Australasian Equities: 34%
  • International Equities: 24%
  • Listed Property: 6%
  • Unlisted Property: 0%
  • Commodities 0%
  • Other 0%

We say: The Balanced Fund targets growth more than fixed-income based on its target asset class (60% vs 40%). The Milford investment managers are tasked with picking shares and other funds they foresee as increasing in value. The most recent fund report included holdings in:
  1. The iShares MSCI Index Fund (3% - a fund which invests in large companies in the developed world, with significant holdings including Nestle, Novartis, Roche, Shell, Toyota and BP)
  2. The Vanguard International Shares Select Exclusions Index Fund (2% - a fund which also invests in large companies with top holdings including Apple, Microsoft, Alphabet, Amazon and Facebook), Contact Energy (1%), Spark (1%), a2 Milk Company (1%)
  3. A number of cash investments in bank
3: Active Growth Fund
This fund invests 80% of its money into growth assets (with a focus on Australasian equities) and 20% in income assets (term deposits and fixed interest).
  • Annual management fee: 1.09%
  • Performance fee range: 15% of any return above 10% p.a. The historical performance fee of the Active Growth Fund is 0.54% p.a.
  • Risk factor: 4
  • Expected annual return: 10% over the minimum investment period
  • Suggested minimum investment period: 5 years 

Investment Composition targets
Income Assets
  • Cash and Cash Equivalents: 15%
  • NZ Fixed Interest: 2%
  • International Fixed Interest: 3%
​Growth Assets
  • Australasian Equities: 68%
  • International Equities: 12%
  • Listed Property: 0%

Performance Fee Explanation: Please see the Balanced Fund section above.

We say: The Active Growth fund is Milford's most aggressive KiwiSaver option, with 80% of the fund targeted at growth assets, with 20% allocated to income assets. In a recent fund update, the fund had investments in:
  1. The iShares MSCI Index Fund (4% - a fund which invests in large companies in the developed world, with significant holdings including Nestle, Novartis, Roche, Shell, Toyota and BP)
  2. Contact Energy (2%)
  3. Spark (2%)
  4. a2 Milk Company (2%)
  5. Delegat's wine (1%)
  6. A number of cash investments in Australasian banks

​The Active Growth fund's average 5-year 13% p.a. return indicates the competency of Milford's managers in actively buying and selling investments in an effort to outperform global markets.

Important: This section is being updated for three funds launched in mid-2019: The KiwiSaver Cash Fund, KiwiSaver Moderate Fund and KiwiSaver Aggressive Fund.

Milford KiwiSaver scheme review

Milford KiwiSaver Plan - What You Need to Know

What Others Are Saying - Milford KiwiSaver in the Media

"It is most appropriate to evaluate performance of a KiwiSaver scheme by studying its long-term returns. Milford Active Growth KiwiSaver tops the performance across all multisector categories over 10 years".
- Morningstar KiwiSaver rankings, June 2018

"The active KiwiSaver schemes like Summer, Milford, Fisher Funds, Booster and Generate charge relatively high fees, and aim to earn them by using fund manager skill to beat the market. Their fund managers research companies, and markets, and try to earn high returns by picking winners, and avoiding losers".

- Rob Stock, Stuff.co.nz, April 2018

"Milford Asset Management's growth KiwiSaver fund topped the growth category delivering $20,395 in net benefits to investors over the past five years" in a 2017 survey by SuperRatings, an Australian research firm.
- KiwiSaver's biggest money earners, Tamsyn Parker, NZ Herald, November 2017

Milford KiwiSaver scheme review

Who is Milford KiwiSaver Plan Suited To?

Milford's funds continue to perform solidly year on year, and with a strong media and public relations presence, Milford has positioned itself as a KiwiSaver option for those looking for solid returns. Milford's managers have a track record of delivering results that have previously outperformed markets, ultimately returning significant value to investors.
​
Standout Features:
  1. Six core funds, each clear in their investment strategy.
  2. Milford has been around well before KiwiSaver launched and has a solid reputation among historical investors, as well as KiwiSaver investors.
  3. Milford outperforms almost every other growth fund year on year - our KiwiSaver returns comparison tool indicates the results in the last three years. 
  4. It's free to change funds; the monthly membership fee means you can move between funds as often as you like.

​Be aware:
  1. The more aggressive funds and are not suitable for short-term investments. 
  2. There is no age-based investment option, meaning there is only a choice of six funds and no option to gradually move money into more conservative investments as members get older. 
  3. Fees are slightly higher than standard bank and index-following KiwiSaver funds - this is due to the costs associated with an actively managed fund, such as the cost of brokerage when an investment manager buys and sells investments.
  4. As with any investment, markets go up and down. The Dotcom bubble in the early 2000s sank global sharemarkets, as did the 2008 Global Financial Crisis. 
  5. While many global sharemarkets are now at record highs, this is no guarantee of future earnings.
​
The Bottom Line
  • Milford is transparent in its investment strategy and has a proven record of outperforming the majority of KiwiSaver growth funds.
  • Its investment approach is both responsible and environmentally-leaning, and the investment managers avoid investing in exotic asset classes; your money will not buy shares in anything that creates negative social or environmental effects, or be risky in nature. 
  • The Milford fees are higher than bank-managed KiwiSaver options, and once you are in the growth-orientated funds, you're likely to be in it for the long-term.
  • Depending on your KiwiSaver balance, other funds on other platforms can have cheaper management fees, but these are unlikely to be actively managed. We have presented a comparison in the table below.
  • For example, the fee difference between the Simplicity Growth Fund (0.31%) and Milford Active Growth Fund (1.09%) for a $40,000 balance is $312 a year, or ~$8,000 over 25 years. In saying this, these two funds incomparable given Simplicity uses index fund investing, and Milford is actively managed. The difference in the fund value based on the contributions could be far more than $8,000 over this period. In any case, it is essential to shop around and compare fund objectives as well as fund fees if you're serious about having the biggest KiwiSaver nest-egg possible.
  • As an illustrative point, we have presented the annual performance of five growth funds below, as well as a table of their annual fees.
  • Milford KiwiSaver does not charge any joining fees or exit fees, and you can transfer between funds for free as many times as you want. 
  • Regarding risk, each fund has a risk number (1 = lowest, 7 = highest), and in the case of Milford, the funds have been assessed between 1 to 4.
​
Fund Fee Comparison: How the Milford Active Growth Fund compares alongside other
​KiwiSaver Growth Funds

(KiwiSaver balances between $5,000 and $500,000)
Balance
Milford Active
​Growth Fund (1.06%)
Simplicity 
Growth Fund
(0.31%)
ANZ
Growth Fund
(1.10%)
Fisher Funds
​Growth Fund (1.11%)
Generate
​Growth Fund
​(1.57%)
$5,000
$85
$36
$79
$92
$115
$15,000
$194
$67
$189
$203
$272
$40,000
$466
$144
$464
$480
$664
$100,000
$1,120
$330
$1,124
$1,146
$1,606
$500,000
$5,480
$1,570
$5,524
$5,586
$7,886
Milford Active Growth Annual Fee: 1.06% of total investment plus a $36 membership fee (excludes performance fees)
Fisher Funds Growth Fund Annual Fee: 1.11% of total investment plus a $36 membership fee (excludes performance fees)
Simplicity Growth Fund Annual Fee: 0.31% of total investment plus a $20 membership fee
ANZ Growth Fund Annual Fee: 1.10% of total investment plus a $24 membership fee
Generate Growth Fund Annual Fee: 1.57% of total investment plus a $36 membership fee (excludes performance fees)

Milford KiwiSaver scheme review

8 things to know about the Milford KiwiSaver Plan

Milford KiwiSaver Plan

Milford is NOT a default KiwiSaver provider

As per a discussion with their team, Milford has chosen not to apply to be a default KiwiSaver provider. For this reason, you will only find yourself investing with Milford if you either transferred into one of their funds or picked a Milford fund when joining KiwiSaver.​​
Milford KiwiSaver Plan

No matter what your employer's default KiwiSaver provider or fund is, you are entitled to select any Milford KiwiSaver fund

Your employer is unlikely to offer Milford as a default KiwiSaver provider (although some do), but any KiwiSaver member has the right to pick any one of the 20+ providers and the fund they want. If you feel a Milford KiwiSaver fund is right for you, then you can either join (if you're new to KiwiSaver) or switch your existing fund to Milford. 
Milford KiwiSaver Plan

There is no minimum investment, and it's easy to take contribution holidays

As a Milford KiwiSaver member, you'll pay a $3.00 monthly membership fee. This membership fee gives you the freedom to invest as you like. And if you want to contribute to your fund at a level above your fixed salary contribution, you can do this by contacting the client services team. 
Milford KiwiSaver Plan

Dividends your fund receives are reinvested, meaning more cash is invested on your behalf

All Milford KiwiSaver funds invest in shares, and many will pay dividends. These cash payments represent the profits from companies returning it to the shareholders, i.e. you. When a company declares a dividend, your fund will receive money, and it is re-invested into more shares, growing the value of your fund. Despite being a cash payment, and as is the case with ALL KiwiSaver funds, there is no option to take this money as cash until you turn 65. 
Milford KiwiSaver scheme review
Milford KiwiSaver Plan

Milford practices'responsible investing'

Milford has a 'sustainable investing' policy is clear and fully applied to all investments. ​Its KiwiSaver funds will not directly invest in companies involved in the following activities:
  • Production or sale of anti-personnel landmines that are not compliant with the Anti-Personnel Mines Prohibition Act 1998;
  • Production, design, testing, assembly, or refurbishment of nuclear explosive devices
  • Production or development of cluster munitions
  • Processing of whale meat
  • Manufacture of tobacco
  • Manufacture of recreational cannabis products

In a situation where shares in nuclear weapons, tobacco and coal become popular and increase in price, Milford would not be able to invest in such assets. The purpose of such a policy is to be accountable to investors and make them comfortable with where their money ends up.
Milford KiwiSaver Plan

​Signing up to Milford KiwiSaver isn't Complicated, but you’ll need to decide what fund to invest in first

Signing up to the Milford KiwiSaver Plan is fast and easy, but before you go ahead, you’ll need to decide your fund first as there is no default fund. Helpfully, the names of their funds - Cash, Conservative, Moderate, Balanced, Active Growth and Aggressive are free of buzzwords or spin. 

Generally, if you're looking for a safe investment with the lowest risk of seeing your original investment fall, a conservative fund could be a suitable option. If you're looking for a higher return and are prepared to have your money in higher risk investments which could fall in value, a growth fund operates in this manner.

If you're not sure of what to invest in and want to have a range of options to pick from, look at Sorted's FundFinder tool which includes the Milford KiwiSaver funds.
Milford KiwiSaver Plan

Milford is a widely popular KiwiSaver option, with a trusted reputation

While banks dominate 80% of the KiwiSaver market, Milford currently has over $6 billion of funds under management and is one of New Zealand's largest investment managers. Brian Gaynor, Milford's head of investments,  frequently appears in the media and writes a regular investment column for the New Zealand Herald.

Since founding the company in 2003, Milford has won multiple awards within the funds management industry, appeared in countless media publications. These include:
  • KiwiSaver Manager of the Year 2016 2017 and 2018 (by NZX-owned FundSource, a research company).
  • 2019 Consumer NZ People's Choice award winner as the highest rated among investors.

​Because of the large public profile Milford has created, short-term and long-term investor performance is critical to its ongoing success. ​
Milford KiwiSaver Plan NZ

All of the funds (currently) invest in New Zealand shares

Every fund has a target to invest in  'Australasian equities', and recent fund updates highlight that many of the top ten assets held by the Balanced and Active Growth funds were listed New Zealand companies. Investments included Spark, Contact Energy and A2 Milk. 

Milford actively manages its investments and does not need to invest according to its targeted portfolio ratios (i.e. cash 10%, Australasian equities 45%, 45% international equities etc) if it sees specific opportunities. For example, if global sharemarkets are dropping significantly, the fund managers can sell equity investments and put the money into cash accounts with a bank,  rather than re-invest it in the sharemarket. In essence, the allocation targets are not fixed; if a fund states its Australasian equities allocation target is 40%, it can still invest anywhere from 0% to 100% - the investment manager has ultimate control. 

Milford KiwiSaver Plan Review

Our Conclusion​

  • Milford KiwiSaver offers six distinct funds that give investors exposure to a variety of underlying investments both nationally and internationally.
  • Milford offers a solid performance history, with all funds outperforming their peers per our KiwiSaver returns comparison tool (which uses data from Morningstar)
  • ​​Operating since 2007,  the average Milford KiwiSaver investor balance sat at $49,000 in 2017 (the BNZ, for comparison, was $12,000), which was the highest of any provider. It's our view that unlike other providers, Milford targets higher-earners who make regular large contributions month-on-month.

Do you have experience with the Milford KiwiSaver Plan that you would like to share with our readers? Email our research team who would be delighted to hear from you. 

Search MoneyHub.co.nz in seconds:

  • Read our Advertising Policy
  • Sign up to our newsletter
  • Calculate your PAYE After-Tax Income

How this website works
MoneyHub.co.nz was founded on the principles of honesty and transparency in reporting. For this reason, we believe in being completely upfront about how this website works, its strengths and its weaknesses.
​
MoneyHub.co.nz does not provide investment advice, financial services or any form of advisory. Our guides, resources and tools are presented without consideration of the financial circumstances of any specific user. 

Important: We may be compensated if you click on a link, but such links do not affect our findings. MoneyHub publishes guides based on facts and numbers, not incentives. Our advertising policy explains more.
  • We are a journalistic online resource with the aim of providing New Zealanders with the best money guides, tips and tools. 
  • We can't guarantee everything contained on this website will be perfect - you use the information contained on our website and all social channels at your own risk.​
  • The information on this website does not constitute financial advice in any form.
  • ​Our priority is accurate information. In rare instances, a provider will change a price or product before we've had a chance to update our information; double check prices first before making any decision. ​
  • We link to other websites throughout this website, but take no responsibility for the content they publish.
  • ​We cannot accept liability for any decision made based on our information.
  • We welcome your stories, tips and any feedback via [email protected]
Our values statement is simple: MoneyHub exists to give every New Zealander the information they need to make better financial decisions. 
​
Please read our full Terms & Conditions, About MoneyHub, Advertising Policy, Contact Us, Cookies & Data FAQs, Make a Complaint, Privacy Policy and Media and Press Information. 
fintechnz member
Picture
  • Investing & Saving
    • Reviews >
      • Sharesies Review
      • InvestNow Review
      • Hatch Review
      • Stake Review
      • ASB Securities Review
      • Direct Broking Review
      • Interactive Brokers
      • Simplicity Investment Funds Review
      • Bonus Bonds Review
      • Squirrel Money Review
      • Smartshares Review
      • Sharesight Review
      • Lending Crowd Review
      • Lifetime Retirement Income
      • Kernel Review
    • Guides >
      • Investing Guide
      • Investments You Can Own Forever
      • How to Invest in Shares
      • Passive Income Strategies
      • Best Investment Apps
      • 10 Top Investments for Young New Zealanders
      • Exchange Traded Funds
      • Shares vs ETFs
      • Index Funds vs ETFs
      • Ethical Investing
      • Dollar-Cost Averaging Guide
      • Stocks and Shares Trading Games
      • Contracts for Difference (CFDs) Guide >
        • CMC Markets Review
      • Forex Trading Guide
      • NZX in a Nutshell
      • Managed Funds
      • Investing in Bonds
      • Investing in the US Stock Market from New Zealand
      • Trading in a Nutshell
      • Peer to Peer Lending
      • Crowd Funding Guide
      • Barefoot Investor-Friendly Financial Products in New Zealand
      • Investing for Kids
      • What Happens If Your Investing Platform Shuts Down?
      • How to Read and Understand a Share Chart
      • Investing & Personal Finance Podcasts
      • How to Retire Early
      • Emergency Funds
      • UK Pension Transfer to New Zealand
    • Comparisons >
      • Sharesies vs Hatch vs Stake
      • Hatch vs Stake
      • Comparing Sharesies vs Investnow vs Hatch and more
      • Understand Gross vs Net
    • Best Term Deposits
    • Term Deposit Alternatives
    • 10 Ways to Invest in New Zealand
    • Index Funds
    • Financial Advisers >
      • Financial Advisers Auckland
    • Top 10 New Zealand Personal Finance Experts
    • Cryptocurrency >
      • How to Buy Bitcoin in New Zealand
      • Easy Crypto Review
      • Beginner's Guide to Bitcoin and Blockchain
      • New Zealand Bitcoin Exchanges
  • Calculators
    • Mortgage Repayment Calculator
    • PAYE Income Tax Calculator
    • PAYE Tax Rates
    • Retirement Calculator New Zealand
    • Credit Card Interest Calculator
    • Savings Calculator
    • Term Deposit Calculator
    • Debt Consolidation Calculator
    • Personal Loan Calculator
    • Refinance Personal Loan Calculator
    • Car Loan Refinance Calculator
    • Mortgage Calculator
    • Offset Mortgage Calculator
    • Net Worth Calculator
    • Million Dollar Calculator
    • Investment Calculator
    • Car Repayment Calculator
    • Compound Interest Calculator
    • Basis Points Calculator
    • Inflation Calculator
    • Interest Calculator
    • Boat Financing Calculator
    • Home Renovation Loan Calculator
    • Mortgage Overpayment Calculator
    • GST Calculator
    • BMI Calculator New Zealand
  • Loans & Finance
    • Reviews >
      • Harmoney Loans Review
      • Simplify Loans Review
      • Avanti Finance Review
      • GEM Visa Review
      • Onecard Visa Review
      • Purple Visa Review
      • Afterpay Review
      • Laybuy Review
      • Oxipay Review
      • Zip Review
      • Q Card & Q Mastercard Review
      • Moola Review
      • Save My Bacon Review
    • Guides >
      • Credit Score and Credit Check
      • Interest Rates Guide
      • Interest Rate Comparison
      • Reverse Mortgages
      • Harmoney vs Moola
      • Baycorp and Debt Collection
    • Personal Loans
    • Secured Loans
    • Car Finance
    • How to Refinance Your Car Loan
    • Debt Consolidation Loans
    • Bad Credit Car Loans
    • Car Dealership Finance vs Alternatives
    • Bad Credit Loans
    • Beneficiary Loans
    • Same Day Loans
    • Payday Loans
    • Low Income Loans
    • Cash Advance
    • Home Renovation Loans
  • Insurance
    • Car Insurance
    • House Insurance
    • House Insurance Calculator
    • Pet Insurance >
      • Cat and Dog Desexing
      • Pet Euthanasia
    • Life Insurance >
      • Life Insurance Calculator
    • Health Insurance
    • Income Protection Insurance
    • Mortgage Protection Insurance
    • Landlord Insurance
    • Contents Insurance
    • Home and Contents Insurance
    • Dental Insurance and Dentist Plans
    • Renters' Insurance
    • Phone Insurance
    • Funeral Insurance >
      • Funeral Costs
    • Insurance Excess
    • Motorbike Insurance
    • Insurance Brokers >
      • Trusted Insurance Brokers in Wellington
      • Trusted Insurance Brokers in Christchurch
    • Warehouse Money Review
    • Travel >
      • Travel Insurance
      • 1Cover Travel Insurance
      • AMI Travel Insurance
  • Credit Cards
    • Reviews >
      • TransferWise Debit Card Review
      • Flight Centre Mastercard Review
      • American Express Airpoints Platinum Review
      • American Express Credit Cards Review
    • Guides >
      • Credit Card Basics
      • Mastercard vs Visa
      • Credit Card Minimum Payments
      • Where is Amex Accepted?
    • Best Credit Cards
    • Our Favourite Cards
    • Balance Transfer Credit Cards
    • Free Credit Cards
    • Rewards and Cashback Credit Cards
    • Air New Zealand Credit Cards
    • Low Interest Credit Cards
    • Credit Cards for Bad Credit
    • Best Foreign Currency Debit & Credit Cards
    • Chargebacks (Credit and Debit Cards)
  • Bank Accounts
    • Best Bank Accounts
    • Best Savings Accounts
    • Best Debit Cards
    • Cut Overdraft Costs
    • Best Bank Accounts for Kids
    • Open Banking Guide
    • International Money Transfers
    • NZ Bank Prefix Codes
    • Reviews >
      • Western Union Review
      • TransferWise International Money Transfer Review
      • Heartland Bank Review
      • First Credit Union Review
      • NZCU Baywide Review
      • NZCU South Review
      • The Co-operative Bank NZ Review
  • Mortgages
    • Guides >
      • Mortgage Options
      • Interest-Only Mortgages Guide
      • First Home Loan Guide
      • First Home Buyers Checklist
      • Pay Off Your Mortgage Faster
      • Mortgage Holiday Guide
      • New Zealand Property Types
      • Remortgaging Guide
      • Renting Directly to Tenants vs Using an Agent
      • Rateable Value vs Market Value
      • Leasehold Property Guide
      • Offset Mortgages
    • Top 10 Home Loans
    • Low-Deposit Home Loans
    • Revolving Credit Mortgages
    • Rent to Own Homes
    • Investment Property Mortgages
    • How to Sell Your House Privately
    • Mortgage Brokers >
      • Trusted Mortgage Brokers in Auckland
      • Trusted Mortgage Brokers in Hamilton
      • Trusted Mortgage Brokers in Tauranga
      • Trusted Mortgage Brokers in Napier and Hastings
      • Trusted Mortgage Brokers in Wellington
      • Trusted Mortgage Brokers in Christchurch
    • Calculators >
      • Interest-Only Mortgage Calculator
      • Amortisation Calculator
      • Mortgage Refinance Calculator
      • Fixed or Floating Mortgage Rate Calculator
      • How Much Can I Borrow?
  • KiwiSaver
    • Our Favourite KiwiSaver Funds
    • KiwiSaver Essentials >
      • Retirement in a Nutshell
      • Switching KiwiSaver Funds
      • KiwiSaver and Tax
      • KiwiSaver Withdrawal
      • Choosing Your KiwiSaver Provider
      • Opting out of KiwiSaver
      • KiwiSaver Calculator
      • What's My PIR?
      • Contributions >
        • How to Check Your KiwiSaver Contributions
        • KiwiSaver Contributions - Gross or Net?
        • Your KiwiSaver Contributions
        • Employer KiwiSaver Contributions
        • Government KiwiSaver Contributions
        • KiwiSaver Contributions Holiday
        • Voluntary Contributions
    • KiwiSaver Returns Calculator
    • Guides >
      • KiwiSaver Hardship Applications
      • Choosing a KiwiSaver Fund
      • KiwiSaver Guide
      • KiwiSaver for Kids
      • KiwiSaver First-Home Withdrawal
      • KiwiSaver HomeStart Grant Guide
    • Schemes >
      • Amanah KiwiSaver Scheme
      • AMP KiwiSaver Scheme
      • ANZ KiwiSaver Scheme
      • ASB KiwiSaver Scheme
      • AON KiwiSaver Scheme
      • BNZ KiwiSaver Scheme
      • Booster KiwiSaver Scheme
      • CareSaver KiwiSaver Review
      • Fisher Funds KiwiSaver Scheme
      • Generate KiwiSaver Scheme
      • JUNO KiwiSaver Scheme
      • kōura Wealth KiwiSaver Review
      • Lifestages KiwiSaver Scheme
      • Kiwi Wealth KiwiSaver Scheme
      • Mercer KiwiSaver Scheme
      • Milford KiwiSaver Plan
      • New Zealand Defence Force KiwiSaver Scheme
      • Nikko AM KiwiSaver Scheme
      • Westpac KiwiSaver Scheme
      • QuayStreet KiwiSaver Scheme
      • Simplicity KiwiSaver Review
      • Summer KiwiSaver Scheme
      • SuperLife Review
  • Better Living
    • 20 Ways to Save LOTS on Household Bills
    • Home & Kitchen >
      • Best Vacuum Cleaners
      • Best Coffee Grinders
      • Best Waffle Makers
      • Best Air Purifiers
      • Best Dehumidifiers
      • Best Treadmills
      • Firewood >
        • Firewood Auckland
        • Firewood Wellington
        • Firewood Christchurch
        • Firewood Dunedin
      • Rubbish Removal Companies in Auckland
      • Auckland Pest Control
    • Make Money Online
    • Paid Survey Websites Review
    • Free Samples
    • Valued Opinions Review
    • Budgeting Apps
    • 50/30/20 Budget Calculator
    • Budget Planner
    • Single Parenting and Money
    • School Holiday Activities >
      • Auckland School Holiday Activities
      • Wellington School Holiday Activities
      • Christchurch School Holiday Activities
    • 65+ Best Online Shopping Websites in New Zealand
    • Shoe Size Conversion Guide
    • Affordable Online Clothes Shopping
    • Best Baby Clothes
    • Dress Size Conversion
    • New Zealand Fashion Designers
    • Buy Books Online
    • Black Friday New Zealand Deals
    • Daycare Checklist
    • How to Sell on Fiverr
    • Computer & Accessories >
      • Best Printers
      • Computer Desks
      • Auckland Computer Repair Experts
    • Lending Money to Friends & Family
    • Parking Tickets
    • Retirement Villages
    • Tax Refunds
    • Chimney Sweep Auckland
    • Blinds, Curtains and Drapes Auckland
    • Events >
      • Best Caterers >
        • Auckland Catering
        • Tauranga Catering
        • Hamilton Catering
        • Wellington Catering
        • Christchurch Catering
        • Dunedin Catering
        • Lower Hutt Catering
      • Weddings on a Budget
      • Wedding Budget Calculator
      • Auckland Wedding Car Hire
      • Auckland Wedding Photographers
      • Auckland Wedding Celebrant
      • Affordable Auckland Florists
      • Wedding Videographers Auckland
      • Wellington Wedding Photographers
      • Christchurch Wedding Photographers
      • Queenstown Wedding Photographers
    • Car & Motorbike >
      • Car Detailing >
        • Auckland ​Car Detailing
        • Hamilton ​Car Detailing
        • Tauranga ​Car Detailing
        • Wellington ​Car Detailing
        • Christchurch ​Car Detailing
        • Dunedin ​Car Detailing
      • Quality Tyres Auckland
      • Top Auckland Auto Electrical Specialists
      • Best Car Batteries
      • Best Electric Cars
      • Electric Scooters
      • Best Electric Bikes
    • Screen Printing Auckland
    • Online Business >
      • Social Media Influencer Marketing
      • Trusted Auckland SEO Companies
      • Auckland Graphic Design
    • Dry Cleaners Auckland
    • Window Tinting Auckland
    • Cabinet Makers Auckland
    • Naturopaths Auckland
    • Asbestos Removal Auckland
    • Makeup Artists Auckland
    • Dentists Auckland
    • Arborists Auckland
    • Auckland Security Systems
    • Podiatrists Auckland
    • Optometrists Auckland
    • Auckland Land Surveyors
    • Cleaners Auckland
    • Gutter Cleaning Auckland
    • Chiropractors Auckland
    • Fridge Repair Auckland
    • Auckland Landscapers
    • Pets >
      • Trusted Catteries >
        • Cattery Auckland
        • Cattery Hamilton
        • Cattery Tauranga
        • Cattery Wellington
        • Cattery Christchurch
      • Trusted Dog Boarding >
        • Dog Boarding Kennels Auckland
        • Dog Boarding Kennels Hamilton
        • Dog Boarding Kennels Tauranga
        • Dog Boarding Kennels Wellington
        • Dog Boarding Kennels Christchurch
      • Trusted Doggy Daycare Providers >
        • Dog Daycare Auckland
        • Dog Daycare Wellington
        • Dog Daycare Christchurch
      • Puppy Schools >
        • Puppy School & Dog Training Auckland
        • Puppy School & Dog Training Hamilton
        • Puppy School & Dog Training Wellington
        • Puppy School & Dog Training Christchurch
      • Trusted Dog Groomers >
        • Dog Grooming Auckland
        • Dog Grooming Hamilton
        • Dog Grooming Tauranga
        • Dog Grooming Wellington
        • Dog Grooming Christchurch
    • Renovations >
      • Trusted Auckland Painters
      • Trusted Auckland Electricians
      • Trusted Builders >
        • Trusted Auckland Builder
        • Trusted Builders in Tauranga
        • Trusted Builders in Hamilton
        • Trusted Builders in Wellington
        • Trusted Builders in Christchurch
        • Trusted Builders in Dunedin
        • Trusted Builders in Lower Hutt
      • Plumbers >
        • Trusted Plumbers in Auckland
        • Trusted Plumbers in Hamilton
        • Trusted Plumbers in Tauranga
        • Trusted Plumbers in Wellington
        • Trusted Plumbers in Lower Hutt
        • Trusted Plumbers in Christchurch
        • Trusted Plumbers in Dunedin
      • Panelbeaters >
        • Trusted Panel Beaters in Auckland
        • Trusted Panel Beaters in Hamilton
        • Trusted Panel Beaters in Tauranga
        • Trusted Panel Beaters in Wellington
        • Trusted Panel Beaters in Lower Hutt
        • Trusted Panel Beaters in Christchurch
        • Trusted Panel Beaters in Dunedin
      • Building Inspectors >
        • Auckland Building Inspectors
        • Hamilton Building Inspectors
        • Tauranga Building Inspectors
        • Napier and Hastings Building Inspectors
        • Wellington Building Inspectors
        • Christchurch Building Inspectors
        • Dunedin Building Inspectors
      • Lawn Mowing Services >
        • Trusted Lawn Mowing Services in Auckland
        • Trusted Lawn Mowing Services in Hamilton
        • Trusted Lawn Mowing Services in Tauranga
        • Trusted Lawn Mowing Services in Wellington
        • Trusted Lawn Mowing Services in Christchurch
      • Auckland Glazier
      • Garage Door Repairs Auckland
      • Auckland Flooring
      • Best Auckland Locksmiths
      • Concreters Auckland
      • Auckland Scaffolding Companies
      • Bathroom Renovations Guide >
        • Bathroom Renovations Auckland
      • Auckland Roofing
      • Auckland Solar Panels
    • The Complete Guide to Renting in New Zealand
    • Heat Pump Experts >
      • Heat Pumps Auckland
      • Heat Pumps Tauranga
      • Heat Pumps Hamilton
      • Heat Pumps Napier and Hastings
      • Heat Pumps Wellington
      • Heat Pumps Christchurch
      • Heat Pumps Dunedin
    • Trade Me Selling Tips
    • Prezzy Cards
    • Food >
      • Christmas Club >
        • New World Christmas Club Review
        • PAK'nSAVE Christmas Club Review
        • Countdown Christmas Club Vouchers
      • Coupons & Deals >
        • Kids Eat Free
        • Domino's Coupons
        • Pizza Hut Coupons
        • KFC Coupons
        • Burger King Coupons
        • McDonald's Coupons
        • BurgerFuel Vouchers
        • Hell Pizza Vouchers and Coupons
    • Health & Personal Care >
      • Teeth Whitening
      • Anti-Ageing Creams
      • Hair Straighteners
      • Sunscreen
      • Jenny Craig Review
      • Weight Watchers Review
    • Grammarly Review
    • Moving to New Zealand
    • Teaching Kids About Money
  • Business
    • 10 Money Saving Tips For Businesses
    • How to Start a Business in New Zealand
    • Reviews >
      • PayPal NZ Account Fees
      • Paypal vs Stripe Review
      • Plain English Awards
    • Business Insurance
    • Public Liability Insurance
    • Business Credit Cards
    • Business Loans
    • Business Podcasts
    • Domain Names
    • Top Web Designers >
      • Auckland Web Designers
      • Hamilton Web Designers
      • Wellington Web Designers
      • Christchurch Web Designers
      • Tauranga Web Designers
      • Lower Hutt Web Designers
      • Dunedin Web Designers
    • Get Debtors to Pay Overdue Invoices
    • Calculators >
      • Business Loan Calculator
      • ROI Calculator
      • Percent Off Calculator
      • Profit Margin Calculator
      • Current Ratio Calculator
      • Quick Ratio Calculator
  • Work and Income
    • Navigating Work and Income Benefits
    • Jobseeker Support Guide
    • Accommodation Supplement Guide
    • Disability Allowance
    • MyMSD
    • Community Services Card
    • Hardship Assistance - Urgent Costs and Living Expense Assistance
    • Loans for Unemployed
    • Working for Families Guide
    • NZ Superannuation in a Nutshell >
      • Superannuation Rates 2021
    • Debt Help
    • Bankruptcy Guide
    • Government Departments Helping New Zealanders Directly
    • COVID-19 Help
    • Food Grants Guide
    • Food Banks Directory >
      • Food Banks Auckland
      • Food Banks Northland
      • Food Banks Hamilton Waikato
      • Food Banks Wellington
      • Food Banks Christchurch
    • Free Money from the Government
  • Students
    • Scholarships 2021
    • All About Money >
      • Money in a Nutshell for Teenagers
      • Student Bank Accounts
      • Student Loans
      • Student Money Tips
      • Smart Money Tips for Kids
    • Education >
      • Year 13 Essential Checklist
      • Alternative Study Providers
      • What to Study in 2022
    • Jobs >
      • Student Jobs Guide
      • Student CV Template
      • Student Job Cover Letters
      • Student Job Interview Questions and Answers
    • Freebies for School Students
    • School Holidays NZ 2021
    • Public Holidays 2021 & 2022
  • Motoring
    • Buying a Used Car
    • 20 Ways to Make Driving Cheaper
    • AA Membership Review
    • Vehicle Leasing
    • Best Car Mechanics >
      • Best Auckland Car Mechanics
      • Best Car Mechanics in Hamilton
      • Best Car Mechanics in Tauranga
      • Best Car Mechanics in Wellington
      • Best Car Mechanics in Lower Hutt
      • Best Car Mechanics in Christchurch
      • Best Car Mechanics in Dunedin
    • Warrant of Fitness Guide >
      • Warrant of Fitness Auckland
      • Warrant of Fitness Hamilton
      • Warrant of Fitness Tauranga
      • Warrant of Fitness Lower Hutt
      • Warrant of Fitness Wellington
      • Warrant of Fitness Christchurch
      • Warrant of Fitness Dunedin
  • Wills and Trusts
    • Wills Guide
    • Prenuptial Agreements
    • Trusts Guide
    • Divorce Guide
    • Enduring Power of Attorney Guide
    • Living Wills Guide
  • Employment
    • CV Templates & Tips
    • Cover Letters
    • Common Interview Questions
    • How to Improve Your LinkedIn Profile
    • Part-Time Jobs Guide
    • How to Get Promoted
    • Self-Employment Guide
    • Workplace Bullying
    • Side Hustles in New Zealand
    • Recruitment Agencies >
      • Recruitment Agencies Auckland
      • Recruitment Agencies Wellington
      • Recruitment Agencies Christchurch
  • Travel
    • Car Rental Hire
    • Auckland Airport Car Parking
    • First Table Guide
    • Cheap Domestic Flights
    • Queenstown Like a Local
    • Auckland Travel for Less
    • Hotel Booking Sites Compared
    • 100+ Free Things to do in Auckland
    • Layby Flights Guide
    • Travel Money Cards
    • Airbnb Refunds (Coronavirus)
    • Air New Zealand Refunds & Credits
    • Google Flights Guide
    • Skyscanner Guide
    • Air NZ Upgrade Guide
    • Currency Converter
    • No Nonsense Upgrade Guide
    • Air New Zealand Travel Tips
    • Airpoints Flexipay Guide
    • Qatar Airways Travel Tips
    • Foreign Currency Exchange >
      • Australian Dollars Exchange Rate
      • American Dollars Exchange Rate
      • British Pound Exchange Rate
      • Canadian Dollars Exchange Rate
      • Euro Exchange Rate
      • Fijian Dollars Exchange Rate
      • Hong Kong Dollar Exchange Rate
      • Korean Won Exchange Rate
      • Indian Rupee Exchange Rate
      • Japanese Yen Exchange Rate
      • Malaysian Ringgit Exchange Rate
      • South African Rand Exchange Rate
      • Singapore Dollars Exchange Rate
      • Thai Baht Exchange Rate
      • Chinese Yuan Exchange Rate
  • Entertainment
    • Netflix Review >
      • Best Netflix Movies
      • Best Netflix TV Shows
    • Amazon Prime Video Review >
      • Best Amazon Prime Movies
      • Best Amazon Prime TV Shows
    • Disney+ Review
  • Mobile Phones
    • Best iPhone Plans
    • Compare Mobile Plans
    • SIM Only Mobile Plans
    • Mobile Data Roaming
    • Spark Mobile Review
    • Vodafone Mobile Review
    • 2degrees Mobile Review
    • Best Power Banks
  • Health
    • Gym Memberships Guide >
      • Auckland Gym Memberships Guide
      • Hamilton Gym Memberships Guide
      • Tauranga Gym Memberships Guide
      • Wellington Gym Memberships Guide
      • Christchurch Gym Memberships Guide
      • Dunedin Gym Memberships Guide
    • Personal Trainers >
      • Personal Trainers Auckland
      • Personal Trainers Hamilton
      • Personal Trainers Tauranga
      • Personal Trainers Wellington
      • Personal Trainers Christchurch
      • Personal Trainers Dunedin
    • Acupuncture Auckland
  • Search MoneyHub