Simplicity, New Zealand’s fastest growing (and lowest cost) KiwiSaver provider, has committed to support 25 of our Dreamers for two years. This wonderful donation of $50,000 will help I Have a Dream to continue empowering children to achieve education and life success from a young age.
The Simplicity management team are aware how profitable the funds management sector is, and so from the company’s inception, the team decided to build into its operating model, a facility whereby they could allocate 15% of investment fees to the Simplicity Charitable Trust, which owns Simplicity. The Simplicity Charitable Trust focuses its support across a number of causes including disadvantaged youth, environmental, homelessness and financial literacy.
Simplicity’s Managing Director, Sam Stubbs, was made aware of the I Have a Dream kaupapa, and thought it may be a good fit with Simplicity’s desire to support disadvantaged youth in New Zealand. Like all other interested charities, a funding application was submitted by I Have a Dream and thankfully, the board decided that the I Have a Dream cause was worthy of funding.
“Our members wanted to make children in need a priority for where our donations went. We’ve done just that by supporting I Have a Dream and we’re excited to see where the next two years takes these children,” said Sam.
Simplicity is the only non-profit Kiwisaver scheme in New Zealand; it is a low-cost online model allowing members to save significantly on fees. Simplicity’s 22,000+ members are already saving more than $7.5million per annum in fees (when compared to other KiwiSaver schemes) and so far the Simplicity Charitable Trust has received $360,000 for charity. Join the Simplicity Kiwisaver scheme and give back to your community. Go to www.simplicity.kiwi to find out more. By joining Simplicity, you could save an extra $65,000 in fees over a lifetime of investing and help charities too.