With OnePath, maintaining a KiwiSaver scheme in your workplace can be made simple.

Selecting a preferred KiwiSaver scheme for your employees is not mandatory, but does have its advantages.

Partner with OnePath as Scheme Provider of the SIL KiwiSaver Scheme and:

• Receive ongoing assistance and support with the administration of KiwiSaver – when you need it.
• Pass additional benefits on to your employees, such as cheaper fees and other related benefits.
• Present KiwiSaver to your employees as a positive employment benefit enhancing your staff attraction and retention strategies.
• Provide your employees with informative tools to assist them with their KiwiSaver scheme decisions.
• Access a wide range of information, materials and tools to help you and your staff understand what the KiwiSaver regime means and to help you/them decide what steps to take next.

And there’s one other thing you don’t need to worry about!

Employers who pass on information in relation to KiwiSaver, or who simply select a preferred KiwiSaver scheme for their employees, are not considered to have provided any advice, nor are they required to, in respect of the scheme or fund selection.

However, financial advice is a critical component of achieving optimal investment outcomes, so you may also wish to sign up with an Authorised Financial Adviser (AFA) who will be able to provide professional advice and solutions for your employees. Please contact OnePath Client Services if you’d like the contact details of an AFA in your area.

SIL KiwiSaver Scheme provided by OnePath is a simple yet effective way for your employees to save for their retirement.

With a range of different funds, including a sustainable growth fund, there are a variety of investment options to suit the different situations, stages of life and financial goals of your staff.

SIL KiwiSaver Scheme also offers the Lifetimes option, which transitions you through various funds when you reach pre-determined age milestones.

Please note: From time to time, the age ranges applying to the various funds included in the Lifetimes option may change, and funds relating to certain age bands may be added or deleted. The Lifetimes option has been designed on a general basis, and does not asses information about your personal financial situation. Therefore if you require personalised financial advice, or if you require help at any time, please call us on 0800 737 575 and we will provide you with the contact details of an Authorised Financial Adviser (AFA) in your area. All funds are subject to investment risk, including possible delays in repayment, loss of income and principal invested.

Your obligations as an employer

Remember, as an employer, you are legally bound to:

• Provide all new employees (and existing employees who opt in to KiwiSaver) with a KiwiSaver information pack – supplied by Inland Revenue – within seven days of joining.
• Provide the details of new employees to Inland Revenue. These employees have to be automatically enrolled (subject to a few exceptions). Temporary staff on contracts of 28 days or less are not required to be enrolled. Other employees may opt in by giving you a KiwiSaver deduction notice – the details of these employees are also required to be given to Inland Revenue.
• Contribute a minimum of 2% (the Government has proposed that this will rise to 3% from 1 April 2013) of each employee’s gross salary or wages to their KiwiSaver scheme.
• Make deductions of employees’ KiwiSaver contributions from their gross salary or wages at the appropriate rate and forward these (together with your own contributions) to Inland Revenue, via PAYE.
• Accept and forward any employee ‘opt out’ notifications to Inland Revenue.
• Refund contributions, which have been deducted but not yet forwarded to Inland Revenue, to any employee who opts out.

More questions

We know there's a lot of information on KiwiSaver to absorb.

For further information about the SIL KiwiSaver Scheme, click here to download the SIL KiwiSaver Scheme Investment Statement.

Note: Certain aspects of the SIL KiwiSaver Scheme and all other KiwiSaver schemes are prescribed in the KiwiSaver Act 2006 (the “Act”). This page reflects the Act and other laws relating to KiwiSaver as at 23 September 2011. The Act and other laws relating to KiwiSaver may be amended from time to time by the Government and any such amendment may impact on the SIL KiwiSaver Scheme.

Applications for investment into products referred to on this website will only be accepted from people physically residing in New Zealand. Returns and the value of investments in the products referred to on this website are not guaranteed. This website is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from an Authorised Financial Adviser which takes into account your individual circumstances before you acquire a financial product. If you wish to consult an Authorised Financial Adviser, please contact us on 0800 737 575 and we will provide you with the contact details of an Authorised Financial Adviser in your area.

Past performance is not indicative of future performance.  Returns can be negative as well as positive.  Investments in any of the products referred to on this website are subject to investment risk, including possible delays in repayment and loss of income and principal invested.

Superannuation Investments Limited is the Trustee and currently the Issuer, OnePath (NZ) Limited (“OnePath”) is the Scheme Provider, Promoter and Administration and Investment Manager of the SIL KiwiSaver Scheme (the "Scheme"). Units or interests in the Scheme do not represent deposits or liabilities of ANZ National Bank Limited (“ANZ New Zealand”). Units and interests in the Scheme are subject to investment risk, including possible delays in repayment and loss of income and principal invested. No entity* guarantees (either partially or fully) the capital value or performance of any products issued or managed by OnePath, including the Scheme.

*This includes OnePath, ANZ New Zealand, Australia and New Zealand Banking Group Limited, Superannuation Investments Limited, their respective directors, any member of their respective groups of companies and any other person.