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Compounding Benefit: Simplicity hits 60,000 members and $2.9 billion in funds.


20/04/2021

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This week, we reached an important milestone. Over 60,000 Kiwis are choosing to invest their money with us!

Simplicity’s members also reached the collective milestone of $2.9 billion funds under management this week. That’s a lot of money working hard to help people achieve their goals and secure a dignified retirement. 

We started Simplicity in 2016 after Founder and Managing Director Sam Stubbs realised that financial products weren’t serving New Zealanders. 

“What I’m particularly proud of is that while we’ve only been around for 4 years, over 60,000 people now trust us with their money and retirement savings,”  explained Stubbs. “New Zealanders believe in what we do and why we’re here, and that’s important.”

Operating as a non profit organisation enables Simplicity to offer low fees, focus on high performance and donate increasingly more money to charities doing great work in New Zealand, for New Zealanders. 

Simplicity donated over $1.2 million to charity over the last 12 months, and is saving members more than $21 million in fees every year.

“We are in the business of making Kiwis richer and demystifying money. Every new member helps us achieve this goal,” says Stubbs.