With ING, maintaining KiwiSaver in your workplace can be made simple.

• 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, including group life insurance (depending on the size of your company).
• 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 decisions.
• Access a wide range of information, materials and tools to help you and your staff understand what KiwiSaver means and to help you 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 a financial adviser who will be able to provide professional advice and solutions for your employees. Please contact ING Client Services if you’d like the contact details of financial advisers in your area.

The SIL KiwiSaver Scheme available from ING is a simple yet effective way for your employees to save for their retirement.

Please note: The Lifetimes Option has been designed on a general basis so may not suit every individual’s circumstances or situation. We recommend Members seek independent professional financial advice if they are unsure.

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. Other employees may opt in by giving you a KiwiSaver deduction notice – the details of these employees are also required.
• Contribute a minimum of 2% of each employee’s gross salary or wages to their KiwiSaver scheme.
• Make deductions of employees’ KiwiSaver contributions from their gross salary or wages 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. (Temporary staff on contracts of 28 days or less are not required to be enrolled.)

More questions?

We know there's a lot of information on KiwiSaver to absorb. Click here for the answers to common questions that employers have asked about KiwiSaver and the SIL Kiwisaver Scheme, or call us today on 0800 108 685. Our Client Services team will be happy to take you through the process, step by step.

If you'd like further details on our SIL KiwiSaver Scheme right now, click here to download the Investment Statement.

Note: Certain aspects of the 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 12 June 2009. 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 Scheme.

ING (NZ) Limited (INGNZ) is the administrator, investment manager and promoter of the SIL KiwiSaver Scheme (the Scheme). The trustee and issuer of the SIL KiwiSaver Scheme is Superannuation Investments Limited (SIL). None of ING (NZ) Holdings Limited, SIL, ANZ National Bank Limited, Australia and New Zealand Banking Group Limited, any member of their respective group of companies, their directors, the Crown or any other person guarantees (either partially or fully) the capital value or performance of any products issued or managed by it, including the Scheme. Units in the Scheme do not represent deposits or liabilities of ANZ National Bank Limited.

The information contained on this website is general in nature and does not constitute financial advice. It may not be relevant to individual circumstances. Before making any investment decisions, you should consult a professional adviser.

For further information about the SIL KiwiSaver Scheme, please refer to the SIL KiwiSaver Scheme Investment Statement or call toll free on 0800 108 685 for a copy of the prospectus.