For Immediate Release
14 September 2016
KiwiSaver disruptor Simplicity beats targets, opens early.
Major KiwiSaver disruptor Simplicity announced today that it would open early to thousands on its waiting list.
‘The platform has been thoroughly tested, and has passed with flying colours. It’s now fully functioning, industrial
strength and ready to make Kiwis richer in retirement’ said Simplicity Managing Director, Sam Stubbs.
Initial demand for Simplicity has been very strong.
‘We’ve already reached our 12 month targets. Thousands have registered interest, and we are now making Simplicity fully
available to them’, he said.
In its first month of operation, Simplicity has been appointed by major power company Genesis Energy as a preferred
supplier, and is being recommended by two financial provider networks.
Simplicity is also a finalist in the NZ Innovation Awards.
’We are delighted to have been recognised for our 100% online, lowest cost, nonprofit model, which could make the
average KiwiSaver $65,000 richer in retirement. See our website for the calculations and assumptions', Stubbs said.
Simplicity is working actively with Vanguard group to offer an ethical KiwiSaver solution which is fully aligned with
the interests of New Zealanders.