KiwiSaver for employers

Helping your business to support your employees’ retirement saving.

  • Reduce administration and save time by appointing a preferred provider for your workplace
  • We recommend the award-winning AMP KiwiSaver Scheme, find out why
  • Simply apply online with AMP and you’re ready to help your employees save for their retirement

More detail

Saving through the workplace makes it easier for people to save consistently for their retirement. As KiwiSaver is administered through the workplace, employers play an important part in KiwiSaver and have a number of obligations.

As an employer you have to make contributions to your employees' KiwiSaver accounts if they're over 18 and have KiwiSaver contributions deducted from their salary or wages (other eligibility criteria apply).

You have to contribute at least 2% of the employee's gross salary or wages. Contributions to existing superannuation schemes may count towards compulsory employer contributions if certain conditions are met.

Please note the Government has proposed to increase the minimum compulsory employer contributions from 2% to 3% from 1 April 2013. All employer contributions to KiwiSaver will be subject to employer superannuation contribution tax from 1 April 2012.

To find out more about how KiwiSaver works, and your obligations as an employer, visit the Inland Revenue or AMP websites.

Reduce administration and save time by appointing a preferred KiwiSaver provider

Appointing a preferred KiwiSaver provider (also referred to as an 'employer-chosen' scheme) for your workplace means all employees1 automatically enrolled into KiwiSaver will be allocated to your provider. It could really simplify things for you and your employees. For example:

  • You'll only have to deal with information from one KiwiSaver provider and questions from your employees about only one provider
  • You'll be ensuring your employees get consistent information from one source

We believe AMP is an ideal choice for a preferred KiwiSaver provider2

More than 160,000 New Zealanders are saving for their retirement through superannuation schemes and KiwiSaver offered by AMP. AMP has more than $1.9 billion in assets in total across its corporate superannuation products, managed for over 3,400 employers.

Applying is easy with AMP

It’s easy to make AMP the preferred provider for your workplace. You simply visit the AMP website and apply online. Once you've completed the application form, AMP will send you an information pack so you’ll be all set to provide KiwiSaver to your employees.

For more detail

Download AMP’s easy-to-understand brochure As simple as AMP - KiwiSaver for employers PDF 200KB

Help is just a phone call away
If you have questions about KiwiSaver, AMP has a dedicated toll-free number for BNZ Partners’ business customers. Just call 0800 267 5494.

More information about KiwiSaver in general

For more information about KiwiSaver and how it affects employees, employers and in some cases individuals, visit kiwisaver.govt.nz or the KiwiSaver employer section on ird.govt.nz.

Small print

  1. If you choose a preferred KiwiSaver provider for your business, employees can still select another KiwiSaver provider if they wish.
  2. Bank of New Zealand (BNZ) distributes the AMP KiwiSaver Scheme (Scheme) to its business customers who are employers and receives an access fee from AMP Services (NZ) Limited (AMP) in respect of employees of the employer who become members of the Scheme. This access fee is paid out of the administration fee referred to in the Scheme's Investment Statement. BNZ is not a promoter of the AMP KiwiSaver Scheme.  Investments in the Scheme are not guaranteed.

BNZ Authorised Financial Advisers' disclosure statements are available on request and free of charge.