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Aussie mutual into KiwiSaver

Australian mutual, eo, has established a New Zealand arm and already registered a KiwiSaver scheme.

Thursday, July 12th 2007, 3:24AM
Eo financial services New Zealand chief executive Kevin Beasley says Eosaver is already the employer-chosen KiwiSaver scheme for many employees of recruitment and employment services companies in New Zealand.

He says eo is building on a foundation of more than 10 years experience in superannuation, managing more than $1 billion in savings for over 350,000 members of Australian superannuation funds including RecruitmentSuper and Accountants Super.

Kevin Beasley says eo provides competitive fees, a range of investment options designed to suit most people and does not pay commissions to third parties for referrals.

Eo provides support to participating employers with no employer fees, and provides member benefits including no hidden charges or trailing commissions related to the scheme.

"Saving for retirement has been our core business for many years and we use our knowledge and skills to keep things easy. We don't think saving for retirement has to be complicated or difficult to understand, and we work hard to ensure eosaver members are provided with clear, easy to understand information, that keeps them informed, and helps them make the right choices for their financial future."

« KiwiSaver to set West Coast kids up for lifeKiwiSaver still lacks widespread engagement »

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