We hit a major milestone last week when our membership hit 2,000 and our collective pool of investments ballooned to more than $50m.

Our expectations were far more modest. We were expecting $25M in a year. So we're wildly delighted of course. And so are our members, who are together saving themselves $300,000 a year in fees, currently. 

People we talk to grasp the simple concept of savings through lower fees but still struggle to understand our motives. Surely there must be a hitch right?  What's in it for us? 

When I explained to someone the other day why we don't pay or accept commissions and that all of us involved (we have a small paid staff and a swath of amazing volunteers with an incredible skill set) are doing it for the greater good for New Zealanders, I was greeted by silence, then a great big thank you.

The receiving for us is really in the giving, which is no different for others motivated to make good in this world.

For your reading pleasure, please check out journalist Richard Meadow's article from Stuff.co.nz today (Nov. 13th, 2016) explaining his switch to Simplicity. 

Budget Buster: Three Cheers for the KiwiSaver Upstart Waging War on Fees.

Also worthy of a read, Rob Stock's article on how money is the single greatest stressor for Kiwis. 

Why not make one area of your financial life less stressful by joining a KiwiSaver provider you can trust to help get you into your first home faster and make you richer in retirement.

Simple. 

The Team at  Simplicity