We offer New Zealand resident pilots’ advice to help them gain the most from their superannuation scheme/s.
We understand the realities of the profession: variable rosters, incentive pay structures, seniority lists, command upgrades, and the critical importance of maintaining your medical. These factors can materially affect cashflow, savings rates, insurance needs, financial goals and retirement timelines, they deserve specialist consideration.
If you are a professional pilot, wanting a second opinion on your financial strategy and superannuation then we are here to help you. There is no cost to have an initial discovery meeting and there is absolutely no pressure to progress with us. You can expect an initial discovery meeting to take about 1 hour and you’ll leave with a clearer understanding of where you stand and what’s possible.
Superannuation for Air New Zealand Pilots’
Deciding whether KiwiSaver or AMP FlexiSaver (NZRT) is the right fit for you can be a difficult decision. We have created a pdf guide that provides a general overview of your options and actionable advice to help you make informed decisions.
Your options
You can decide between KiwiSaver and NZRT or a combination of both.
- KiwiSaver generally offers lower fees and more fund options. This is great for long-term growth.
- NZRT provides flexibility if you intend on leaving Air NZ early and want access to the money.
Investment strategy considerations
There can be an overwhelming amount of information to digest when it comes to choosing your investment fund. If you do find this decision difficult, keep things simple and focus on what works:
- Diversity: spread your investments across asset classes (shares, bonds, property) and regions to reduce risk.
- Balance your growth and defensive assets: choose a mix of growth and defensive assets that matches your goals. Many people are more conservative than they need to be, which can limit long-term growth.
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Minimise fees: high fees eat into your returns over time. Prioritise funds with lower fees to maximise your savings.
Frequently Asked Questions
- Can I transfer all of my superannuation out of AMP? Yes, you can.
- Can I choose to go with any provider? Yes, you can choose any KiwiSaver provider but not an external, non-KiwiSaver investment account.
- Do I have to contribute equally to both KiwiSaver and FlexiSaver (NZRT)? No you don’t. You don’t have to make any contributions to FlexiSaver (i.e. you can set your contributions to 0%). You have to contribute an minimum of 3% to KiwiSaver.
