Who can join LifeSaver?
To join LifeSaver you must:
be a New Zealand resident;
be over 18 years of age; and
meet the eligibility criteria to join your employer's LifeSaver scheme (if applicable).
What information will be distributed to LifeSaver members?
Fisher Funds Management Limited (the manager of LifeSaver) updates the unit price of the investment funds within LifeSaver every business day on our website. In May / June of each year, members receive a detailed tax and transaction statement for the year ended 31 March. In August of each year, members receive the LifeSaver Annual Report. You can view your account online at any time.
How are my savings in LifeSaver governed?
LifeSaver is governed by a Governing Document and regulated by the Financial Markets Conduct Act 2013. LifeSaver is made up of two sections. One is a scheme for individuals who have invested directly. This section is closed to new investors. The other section is a Workplace Savings Scheme that is open to employees of companies that have signed an agreement with Fisher Funds to provide a scheme for their workplace.
We provide detailed disclosure information to help people understand what they are investing in. Trustees Executors Limited is the supervisor of LifeSaver. The supervisor is responsible for ensuring we comply with the Governing Document and other LifeSaver rules. The supervisor holds the assets of LifeSaver on your behalf. None of the Government, the Supervisor, or us guarantee LifeSaver.