Comparing KiwiSaver Providers

In December 2010 the Nielsen Company compared providers in the Nielsen Company Top Ten KiwiSaver Providers Survey. The top ten providers
In alphabetical order, the top ten KiwiSaver providers in the survey were:
  • AMP
  • ANZ
  • ASB
  • AXA
  • Gareth Morgan KiwiSaver Limited
  • Mercer
  • National Bank
  • Onepath (formally ING)
  • Tower
  • Westpac
are those providers that have the largest number of customers.

Q. Who among the Top Ten KiwiSaver Scheme Providers leaves the others in the dust when it comes to communication? A. Gareth Morgan KiwiSaver Limited. (GMK)

89% of our members surveyed rated GMK very good or excellent for online account management facilities. No other provider surveyed was rated higher than 53% by their surveyed members.

How do we do it?

We’ve got really good online reports. Our team has developed a reporting model that gives investors a clear view of their savings.

Members can see:

  • What contributions are going into their account. Every cent. Every day. Where it came from and when.
  • Where their money is invested. NZ cash, foreign cash, bonds, shares – exact quantities, valued every month.
  • Exactly what fees and taxes they are charged every month
  • How their savings are performing every month
  • The account movement from month to month
Q. Which of the Top Ten KiwiSaver Scheme Providers dominates the competition for customer service? A. Gareth Morgan KiwiSaver Limted (GMK)

86% of our members surveyed rated GMK very good or excellent for customer service. The next best result was 59%.

What’s our secret?

We answer the phone, reply to emails, we follow up. We know what we are talking about. We treat our members like they are the lifeblood of our business… because they are.

Q. Who among the Top Ten KiwiSaver Scheme Providers leads the pack for openness and transparency? A. Gareth Morgan KiwiSaver Limited (GMK)

85% of GMK members surveyed rated us very good or excellent for openness and transparency of fees. The next best result was 45%.

87% of GMK members surveyed rated GMK very good or excellent for openness and transparency of returns. The next best result was 39%.

What’s our secret?

We don’t keep secrets. We lead the pack in transparency and disclosure. We are the only KiwiSaver Scheme provider to become compliant with GIPS (Global Investment Performance Standards). GIPS is the best practice for fund reporting internationally. We show our members exactly where their money is invested down to the last cent. We charge a single fee for our services. We keep it simple.

Who among the Top Ten KiwiSaver Scheme Providers cleans up for member recommendations? A. Gareth Morgan KiwiSaver Limited (GMK)

Among the Top Ten KiwiSaver Scheme Providers, The Gareth Morgan KiwiSaver Scheme was rated the most likely to be recommended by its members.

What’s our secret?

We give great service. Personal, prompt attention by phone and email. You’ll be fully informed and get all the help you need. Our money is where our mouth is. Many of our staff and directors have their money invested alongside yours – and we are really picky about how we invest. We won’t confuse you with jargon. We’re a real Kiwi company. 100% Kiwi owned and operated.

Q. Who amongthe Top Ten KiwiSaver Scheme Providers leaves the others in the dust when it comes to communications? A. Gareth Morgan KiwiSaver Limited (GMK)

87% of our members surveyed rated GMK very good or excellent for ongoing communication. The next best result was 47%.

Don’t take our word for it though

Check out the www.theanswerroom.co.nz for answers to any of your questions, sign up for our monthly email, call our 0800 Gareth number, visit our website and come see us at our regular shows across NZ. We’re everywhere.

Still not sure ? Investment Performance
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Q & A.

Which of the Top Ten KiwiSaver Providers wins hands-down for online account management?

Gareth Morgan KiwiSaver Limited (GMK)

89% of our members surveyed rated GMK very good or excellent for online account management facilities.


Which of the Top Ten KiwiSaver Providers dominated the competition for customer service?

Gareth Morgan KiwiSaver Limited (GMK)

86% of our members surveyed rated GMK very good or excellent for customer service.


Which of the Top Ten KiwiSaver Providers leads the pack for openness and transparency?

Gareth Morgan KiwiSaver Limited (GMK)

85% of the members surveyed rated GMK very good or excellent for openness and transparency of fees:

87% of our members surveyed rated GMK very good or excellent for openness and transparency of returns.


Which among the Top Ten KiwiSaver Providers cleans up for member recommendations?

The Gareth Morgan KiwiSaver Scheme is the most likely KiwiSaver scheme to be recommended by its members.


Which of the Top Ten KiwiSaver Providers leaves the others in the dust when it comes to communication?

Gareth Morgan KiwiSaver Limited (GMK)

87% of the members surveyed rated GMK very good or excellent for ongoing communication.


Source: The Nielsen Company Top Ten KiwiSaver Providers Survey, December 2010 (the top ten providers are those providers that have the largest number of customers) For an Investment Statement for the Gareth Morgan KiwiSaver Scheme visit www.gmk.co.nz or call 0800 427 384.

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