Simplicity - Latest News [Page 1]

Simplicity Beats Banks, Moves To A 2.5% Floating Rate For First Home Loans

Wednesday, 27 May 2020, 10:37 am | Simplicity

Nonprofit Simplicity announced today it has lowered its floating rate mortgage to 2.5%, setting a scorching new low in an increasingly competitive lending market. Managing director Sam Stubbs said the reduction from 2.8% was a reflection of the ... More >>

Justin Lester, ex Wellington Mayor, joins Simplicity

Monday, 27 January 2020, 10:07 am | Simplicity

Simplicity, NZ’s fastest-growing KiwiSaver plan, today announced a new addition to its growing team. More >>

Simplicity produces first KiwiSaver document in Te Reo

Tuesday, 3 December 2019, 9:26 am | Simplicity

In a first for the KiwiSaver industry, nonprofit Simplicity has published the country’s first bilingual Product Disclosure Statement (PDS), the key public document for all KiwiSaver funds. More >>

Simplicity enters mortgage lending with 2.95% home loans

Thursday, 3 October 2019, 8:55 am | Simplicity

Simplicity, NZ’s fastest-growing KiwiSaver plan, today announced it would provide NZ’s lowest cost home loans to Simplicity’s first home buyers. More >>

Simplicity reaches $1B with best in class fund returns

Thursday, 1 August 2019, 9:37 am | Simplicity

Not-for-profit KiwiSaver and investment fund manager Simplicity reached $1 billion in total assets under management this week. This has been achieved in under three years, and almost two years ahead of schedule. More >>

Survey shows NZ businesses trail individuals in generosity

Thursday, 16 May 2019, 10:06 am | Simplicity

New research from nonprofit KiwiSaver manager Simplicity shows NZ companies give much less to charity than equivalent companies overseas. More >>

Research exposes wildly different kiwisaver projections

Tuesday, 7 May 2019, 9:22 am | Simplicity

Simplicity today released a research paper showing up to a $1m difference in projections of KiwiSaver members future wealth, using the same assumptions. More >>

Simplicity announces new board members

Thursday, 28 March 2019, 10:01 am | Simplicity

Simplicity, NZ’s fastest growing KiwiSaver scheme, today announced the appointment of two new independent directors, and a future director, to support its growth. More >>

Aussie Bank Profit Clock’ launches

Wednesday, 6 March 2019, 11:38 am | Simplicity

Simplicity today launched an ‘Aussie Bank Profit Clock’, which gives a live estimate of the profits of Australian owned banks operating in New Zealand. More >>

CGT clarification shows Kiwisaver gains for lower earners

Tuesday, 26 February 2019, 2:03 pm | Simplicity

Clarification on the benefits of increased Member Tax Credits has led Simplicity to revise its estimates. Simplicity interpreted the wording of the final report as meaning that a 75c tax credit for every $1 contributed would apply, up to the current ... More >>

CGT benefits low income KiwiSavers at high earners' expense

Monday, 25 February 2019, 3:01 pm | Simplicity

Capital Gains Tax benefits low income KiwiSaver members, at expense of high earners More >>

Low fee Simplicity takes top spots for KiwiSaver returns

Wednesday, 19 December 2018, 4:31 pm | Simplicity

The latest KiwiSaver returns for the 12 months to Nov 30th show Simplicity, NZ’s lowest cost manager, has ranked #1 in returns for Balanced and Conservative fund returns, and ranked 4th for Growth funds. More >>

Simplicity makes largest donation yet to save Kiwi lives

Wednesday, 5 September 2018, 1:11 pm | Simplicity

Simplicity has become the first member of Lifeline’s ‘72 club’ launched yesterday, and is donating $72,000 to the charity. More >>

Simplicity Kiwisaver Opens the Door for Foster Kids

Thursday, 9 August 2018, 11:40 am | Simplicity

Simplicity, NZ’s fastest growing KiwiSaver Scheme, has today offered KiwiSaver accounts free of annual fees to foster children. More >>

24 questions to be answered in Royal Inquiry

Tuesday, 22 May 2018, 8:58 am | Simplicity

Simplicity, NZ’s fastest growing KiwiSaver scheme, released today a list of questions that it believes should form the basis of a Royal Inquiry into the banking, insurance and finance sector. More >>

Simplicity launches NZ focussed funds with record low fees

Thursday, 5 April 2018, 10:18 am | Simplicity

Non-profit Simplicity has launched NZ-focused investment funds with record low management fees, as it seeks to offer more choice to members wanting to invest in NZ’s stock and bond markets. More >>

Fund managers pull in $40 million in fees since January 1st

Wednesday, 31 January 2018, 9:50 am | Simplicity

While New Zealanders were on holidays in January, KiwiSaver fund managers charged more than $40 million in fees and will likely charge more than $525 million by end of the year. More >>

Simplicity Launch Free Financial Education in Plain English

Thursday, 14 December 2017, 5:36 pm | Simplicity

Non-profit KiwiSaver and fund manager Simplicity has launched free financial education for all New Zealanders, written in plain English, delivered 100% onlineand direct into workplaces. More >>

Kiwis care most about children at risk, the homeless and...

Wednesday, 15 November 2017, 3:23 pm | Simplicity

A members’ survey carried out by nonprofit Simplicity KiwiSaver has confirmed that New Zealanders want charity focussed mostly on at risk children, the environment and the homeless. More >>

New KiwiSaver fund guarantees retirees income for life

Friday, 22 September 2017, 10:28 am | Simplicity

In a first for KiwiSaver, Simplicity is launching a new fund that guarantees its members a minimum after tax income of at least 5.00% per annum, for the rest of their lives. More >>