The Retire Fund is a closed retirement fund for individuals associated with, or working for, the Anglican Church or other approved charitable organisations.
The Retire Fund is a retirement savings scheme established for individuals who are associated with, or employed by, the Anglican Church in Aotearoa, New Zealand and Polynesia, or by other approved charitable organisations.
While the Fund closed to new members in 2015, existing members continue to benefit from a choice of two investment options, or a mix of both:
Explore the past 10 years of per annum returns (after fees and before tax) for either the Conservative Pool or the Balanced Pool.
Use the dropdown menu below to select the Fund you’d like to view.
Disclaimer:
The Pool invests 100% in income assets like fixed interest, direct mortgage lending and cash. The goal is for the Pool to achieve modest returns with a low expectancy of capital loss.
The Pool aims to invest about 50% in growth assets like shares and alternative investments such as forests, forest land, smart energy, and private equity. The remaining 50% is invested in income assets like fixed interest, mortgages and cash. The goal is for the Pool to achieve medium returns over a longer term, by accepting a medium level of risk.
Disclaimer: The asset mix shown above reflects the standard exposures to that asset class, to fulfill its investment objectives. Actual holdings may vary within the specified ranges at any given time.
The Conservative Pool has a risk level of 3, on a scale from 1 (low) to 7 (high). The rating reflects how much the value of the Pool’s assets goes up and down. A higher risk generally means higher potential returns over time, but more ups and downs along the way.
The Balanced Pool has a risk level of 4, on a scale from 1 (low) to 7 (high). The rating reflects how much the value of the Pool’s assets goes up and down. A higher risk generally means higher potential returns over time, but more ups and downs along the way.
To help you clarify your own attitude to risk, click the button below, to try our risk calculator.
Disclaimer:
Check out our FAQs or contact our team for help with any specific queries.
You can make voluntary contributions (including one-off lump sum contributions) in addition to your regular contributions.
However, if your voluntary contributions total more than $10,000 in a 12-month period, you will be required to comply with the requirements of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. Please see our Manual Identity Verification Guide on the forms and documents page.
At the end of each quarter, we allocate investment earnings to your Member’s Account based on returns from the relevant Pool after adjusting for costs, expenses and investment income tax.
The investment performance of the two Pools is in the Fund Performance section.
When you reach age 65 you are eligible to receive your retirement benefit (even if you continue to work). At 65 you can choose to:
Your retirement benefit is the total amount in your Member’s Account.
Prior to your 65th birthday, we will send you a Benefit Entitlement Form for you to select which of the above options you wish to take.
If you die, we will pay the total amount in your Member’s Account to your estate.
If you cease to be employed by an organisation who is contributing to the Fund prior to age 65 you are eligible to receive your withdrawal benefit. Your options are:
Your withdrawal benefit is the total amount in your Member’s Account.
You and your employer will need to complete a Benefit Payment Form and return it to us. On that form, you select which of the above options you wish to take.
You do not have to withdraw all your savings on retirement or resignation.
You can choose to defer payment of your retirement/withdrawal benefit and to become a “Retired Member”.
As a Retired Member, you can make partial withdrawals from your Member’s Account by completing a Partial Withdrawal Form.
If you do decide to withdraw all of your funds your account will be closed and you will be unable to rejoin the Fund at a later date.
Here you’ll find all the key forms and documents related to The Retire Fund, including updates, guides, and policies, to help you manage your membership and stay informed.
