[Book] Peter J's Guide to Kiwisaver

Tuesday 3rd April 2007

Peter J's Guide to Kiwisaver

by Peter J Hensley

KiwiSaver, the voluntary work-based retirement savings scheme to be provided by the New Zealand Government, is a new opportunity for people to build their own personal retirement funds. Peter Hensley has written the ideal handbook for all New Zealanders under the age of 65 who wish to take up the option of an individual long-term retirement savings account. Theoretically, a person could be enrolled into a KiwiSaver scheme at birth, and with the assistance of a benefactor, have funds invested on their behalf. The Government also has agreed to contribute $1,000 tax-free to each new KiwiSaver account opened.

In this book Hensley uses the simple analogy of a person going on a trip, and deciding which bus tour to take - weighing up the different tour companies, service and destinations available. His explanations are clear, and his comments are thought-provoking. The book is liberally illustrated, and is a painless introduction to this opportunity.

Peter Hensley says that the KiwiSaver retirement scheme is brilliantly simple, and it is also very attractive, especially with the Government's initial $1,000 tax-free contribution. This handbook will be a valuable guide for people deciding which option to take.

Peter J's Guide to Kiwisaver ($24.95 + $4.95 p&p) is available through the Good Returns Bookstore (www.goodreturns.co.nz/books or call 0800 345 675)

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