KiwiSaver impacts on all employers. 

Employers are required to give employees information on KiwiSaver, automatically enrol into KiwiSaver new eligible employees who are 18 or older, deduct the employee's savings and forward them to the IRD through the PAYE system, and subsidise their employee's savings.  They have to also process opt-out notices and stop and restart an employee's savings as they go on to or come off contributions holidays. Read our guide on employer responsibilities.

 

By selecting SuperLife, your employees avoid having the IRD randomly allocate them to a KiwiSaver scheme and so also avoid being directed to a default investment strategy that is unlikely to suit their needs. You will simplify the enrolment process and give your employees the opportunity to make an informed choice.  Finally, compliance demands will be reduced, meaning you will have more time to dedicate to your business.

 

Choose a provider – choose SuperLife 

Choosing SuperLife for employees who have not selected a scheme themselves makes good business sense. SuperLife will:

  • Simplify the process for you the employer. 
  • Reduce the complexity for your employees.
  • Give employees better information to let them make better decisions and get better outcomes.
  • Reduce on-the-job distractions to employees with most being in the same scheme.

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