Today marks a significant milestone for the future of BNZ’s investment offering for customers. BNZ Investment Services Limited (BNZISL) has joined forces with JBWere New Zealand, Jarden Wealth, and Harbour Asset Management to create FirstCape Group – a leading wealth management business in New Zealand.

This partnership will significantly accelerate BNZ’s ability to create new product offerings and enhance BNZ’s ability to meet customers’ investment needs.

As a result of these changes, BNZ Investment Services Limited (BNZISL) – the manager of the BNZ KiwiSaver Scheme, YouWealth, Private Wealth Series and BNZ Term PIE – is no longer owned by BNZ. BNZISL is wholly owned by Harbour Asset Management – part of FirstCape Group.

Nothing changes for our customers in terms of who they contact or where they see information about their investments. We’ll continue to support our customers in managing their investments in exactly the same way as we do today.

FirstCape Group and BNZ will be working together closely behind the scenes to make sure BNZ investment products continue to deliver great value for money, helping our customers achieve their investment goals.