Learn » Blog » Sir Stephen Tindall signs on as Simplicity patron and 57th volunteer for nonprofit KiwiSaver plan
Published on 08/04/2019
We're delighted to announce that Stephen Tindall has agreed to be Patron of the Simplicity Charitable Trust.
Whether it's the Warehouse, Emirates Team NZ, the Tindall Foundation, Community Foundations or investing in companies like Rocket Lab, Stephen's made a massive contribution to NZ. He's one of our heroes %)
Via his investment vehicle, K1W1, he's also providing Simplicity with funding to repay existing debt and help us grow.
None of this changes anything about the way we operate. We're a nonprofit KiwiSaver and fund manager, 100% owned by the Simplicity Charitable Trust.
With more than $1 billion of funds under management, our 28,000+ members are now saving more than $10 million p.a. in fees.
And with 15% of our management fee going to the Simplicity Charitable Trust, we're now giving away over $25,000 per month. It's simple, the more we grow, the more we can give %)
See Stuff article here for further commentary and analysis or NZ Herald article here.