What KiwiSaver Actually Needs to Change, According to an Adviser

Five minutes could be enough to add hundreds of thousands of dollars more to your KiwiSaver. There are simple, low-hanging fruit changes that can mean serious money landing in your account - but simple changes cut both ways. There are costly traps to avoid, and easy tweaks to your settings that can make a massive difference to your balance over time. This week on Ask the Experts, Katie Wesney from EnableMe joins Frances Cook to answer your KiwiSaver questions, from splitting funds to self-employed strategies and tax checks. In this episode we’re talking: - Why you don't have to be all-or-nothing: how splitting across multiple funds protects your money and matches your personal timeline - Why getting caught up in scary economic news headlines hurts your long-term growth - The three questions you must ask yourself before choosing or switching a KiwiSaver fund - Why waiting for "perfect market timing" to switch providers is a trap - Smart KiwiSaver and retirement strategies for self-employed people who don't get employer contributions - The 3-letter tax setting (PIR) you need to check today so you don't accidentally overpay tax - Big policy changes that could make KiwiSaver fairer for everyday New Zealanders If you have a letter you’d like us to answer, please send it through to ask@francescook.co.nz and you might feature on our next episode! Follow me everywhere! Facebook / https://www.facebook.com/FrancesCookNZ Instagram / https://www.instagram.com/francescooknz TikTok / https://www.tiktok.com/@francescooknz Join the Money Memo newsletter for a free weekly money tip in your inbox each week https://www.francescook.co.nz/subscribe Become a confident sharemarket investor by signing up to the Market Memo newsletter https://www.francescook.co.nz/invest #MakingCents #FrancesCook #MakingCentsPodcast #InvestingPodcast #MoneyPodcast #FinancialFreedom Production and video editing by Lana Byrne Audio engineering by Tash Chittock Filmed by Fanaticals