More and more New Zealand businesses are offering their employees a Workplace savings plan. A Workplace savings plan can greatly benefit a business, as well as helping employees save for their retirement.
Workplace savings can:
help to attract employees to your company;
encourage staff loyalty; and
help to increase productivity and motivation.
Benefits for employees are:
enhanced retirement savings through lower fees;
automatic saving to help them achieve their retirement goals;
tax advantages for high-earning employees; and
the opportunity to continue saving after they leave the company.
New Zealand Retirement Trust
Being able to afford to do things in the future, whatever they may be, means having a plan to put money aside now and make it grow. You want to save as fast as possible, yet you want it to be as easy as possible.
AMP’s New Zealand Retirement Trust (NZRT) is a flexible, portable and affordable way for employees to do this. It's not surprising more employees support NZRT than any other employer sponsored super scheme in New Zealand.
The New Zealand Retirement Trust is an innovative retirement scheme to help your staff plan for their retirement.
The NZRT is New Zealand's largest multi-employer superannuation Master Trust. Currently the NZRT has over 29,000 members and approximately $950 million in assets managed for over 760 employers.