Fees always reduce your returns

Fees always reduce how much money you make on your KiwiSaver balance, so it’s important to understand why you’re paying them. It might be completely fair, or you may be getting ripped off.

At JUNO, we think too many KiwiSaver providers are overcharging members in fees, which is unfair.

You may also be paying a number of different fees, sometimes shown as a percentage, so it can be hard to keep up and easy to feel confused.

You might be shocked to learn how much of your KiwiSaver money is actually being eaten away by provider fees.

That’s why we charge one low, fixed monthly fee to help grow your KiwiSaver balance.

We’re transparent, honest, and keep it simple and easy to understand.


How Much More Could You Save?

See how lower KiwiSaver fees, over time can help your savings grow.

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You could save up to



with the JUNO KiwiSaver Scheme

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JUNO balance*
Other Providers*
Other Providers* JUNO balance* AGE

Why does JUNO have low fees?

At JUNO, our goal’s simple. We want to help you save more money towards your first-home deposit or retirement by charging low, fixed monthly fees.

See our fee structure and pricing below:

Why could I save more with the JUNO KiwiSaver Scheme?

How our fees differ to other KiwiSaver provide

Their Fees

A typical KiwiSaver provider charges you an administration fee, a management fee and some even charge a performance fee too! If your KiwiSaver balance is $30,000, then the average fee is $377 a year*.

Our Fees

Are based on a monthly subscription, think Netflix and Spotify. We only charge you one, low, fixed monthly fee based on your balance.

The industry average for KiwiSaver funds management fees is 1.15% p.a. (according to Sorted FundFinder at 31 March 2019) and the overall industry average admin fee is $32 (according to Sorted FundFinder data as at 31 March 2019).

Our Fee Structure

FreeLearn more

For under 18s or 
balances under $5k


For balances
$5k - $24,999


For balances
$25k - $49,999


For balances
$50k - $99,999


For balances
$100k - $1 million*

Join Juno KiwiSaver SCHEME

*Balances over $1 million will be charged $100 a month for every million invested

How do I know what I’m paying in fees?

It’s easy to find out how much you’re paying in fees, thanks to a new rule that means providers now have to show the fees they charge in a dollar format, on your KiwiSaver annual statement.

If you can’t find your statement, or you’re feeling confused about your fees, call up your KiwiSaver provider. They’re there to help and should be able to tell you in a dollar amount how much you’ve paid in fees in the last year, for example.


But it’s not just about fees!

Your fund type, performance and returns (how much money you make on your KiwiSaver balance) are also important parts of the KiwiSaver puzzle.

Juno’S Performance

Low fees help first-home buyers

If your KiwiSaver savings are going towards your first-home deposit, then you don't want to be paying high fees! At JUNO, we want you to have more money for your first home and spend less money on fees!

Learn more


Ready to grow your KiwiSaver balance with JUNO?

Join thousands of other Kiwis saving more towards your KiwiSaver balance with low, fixed monthly fees.

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Pricing FAQs

Why do fees differ between KiwiSaver providers?

Fees always reduce your return, so there must be a good reason to pay higher fees. The best reason is that you’re regularly getting great returns. But you might also be happy to pay higher fees because you’re getting top service.

It’s important to find out what you’re paying and understand why you’re paying the fees you’re paying. It might be completely fair, or you may be getting ripped off!

Can I switch my existing KiwiSaver account to JUNO?

Yes. Switching to JUNO is an easy online process and should only take a couple of minutes.

Once you’ve completed the online application, we manage the process of transferring your KiwiSaver balance across to JUNO. This can take up to 35 days.

Are you ready to switch? Click here

Make sure you know your IRD number and have a photo ID handy, such as your passport or driver’s licence.

How safe is my money with JUNO?

Your KiwiSaver investment will be looked after by experienced and qualified fund managers at Pie Funds Management. We’re a registered KiwiSaver provider helping to protect your savings and working hard to grow them.

However, the money is not physically at Pie Funds. It’s held by a custodian who makes the investments on instruction from Pie Funds.

Do I pay less if my balance decreases?

Yes, our fee structure means this can happen. Your fees are based on your balance and if it moves down – or, hopefully, up – enough, you’ll pay a lower or higher fee, if you enter a new fee range.

However, whatever your balance, the fee is low relative to that balance and low compared to what other KiwiSaver providers charge for the same balance.

Other benefits of switching to JUNO

A low fee structure
you'll understand
- and love

See our Pricing

Real humans looking after your money in a responsible and sustainable way

Smart investing

Feeling confused? We've got simple guides to help you understand your KiwiSaver

Learn with JUNO

A KiwiSaver Plan for Everyone % Kiwi owned and operated

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