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.
 

New call-to-action

7d8eca84-c44e-4c5b-b3b2-7572925539e9

How Much More Could You Save?

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

Age must be between 0 and 64
Please enter a value between $0 and $5,000,000
Please enter a value between $1,000 and $1,000,000
i

You could save up to

$251,417   more

with the JUNO Growth Fund

Your KiwiSaver balance at retirement

with JUNO Growth Fund:
with other providers (Growth Fund):

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

Why Does JUNO Have Low Fees?

At JUNO, we think too many KiwiSaver providers are overcharging members in fees, which is unfair. We want to help you save more money towards your first home deposit by charging low, fixed monthly fees. You might be shocked to learn how much of your KiwiSaver money is actually being eaten away by provider fees. We’re transparent, honest, and keep it simple and easy to understand.

Why Could I save More with JUNO?

How our fees differ to other KiwiSaver providers:

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 $20,000, then the average fee is $264 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 for the Growth Fund is 1.32% 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

$5month

For balances
$5k - $24,999

$15month

For balances
$25k - $49,999

$25month

For balances
$50k - $99,999

$50month

For balances
$100k - $1 million*

Sign up today


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

What Fees Am I Currently Paying?

The fees you paid are shown in a dollar amount in the annual statement received from your KiwiSaver provider. If you can’t find your annual statement, call up your provider and ask. They should be able to tell you how much you’ve paid in fees over the past year.

It’s important to know providers can charge many different types of fees, such as performance fees, management fees and administration fees. Add them together to get the total. It can get confusing and sometimes these are presented as a percentage.

Learn More

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.  See how JUNO's performance measures up against your current provider.

Juno’S Performance

Ready to Grow Your Kiwisaver Balance with JUNO?

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

i
You can use this form to
sign up your kids too!
All you need is
NZ ID
We’ll Do the Rest
By clicking here, you agree to our Privacy Policy and us contacting you.
Loading, please wait

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 100% Kiwi owned and operated

The Kiwi touch