Annual Reports 2022 – MAS KiwiSaver Scheme and the MAS Retirement Savings Scheme

Highlights

The Schemes have transitioned from restricted to open 'retail' status

The status of the MAS KiwiSaver Scheme and the MAS Retirement Savings Scheme changed from restricted to open on 23 June 2021, following approval granted by the Financial Markets Authority. Previously, membership of the Schemes was limited to specific occupations, whereas now they are open to all. MAS is the first manager to transition its schemes from restricted to open 'retail' status. 

As a result, Medical Funds Management Limited (MFM), a wholly owned subsidiary of Medical Assurance Society New Zealand Limited (MAS), became the Manager of the Schemes, replacing the previous Trustees. We've also appointed an independent supervisor, Public Trust, to monitor MFM and investments in the Scheme. 

You can find further information here. 

We lowered our management fees

As a mutual, it's important we deliver value to Members and in June 2021 we lowered the management fees for the Conservative Fund, the Moderate Fund and the Balanced Fund. 

You can find further information here. 

Advice when you need it most

It has been a challenging year for investors. COVID-19 has continued to have far-reaching effects on individuals, communities and businesses. As the world responded to COVID-19 in 2021, share markets were buoyant and economies started to grow. Now in 2022, we have seen the impact of inflationary pressures driving up interest rates, and the war in Ukraine all contributing to weakness and volatility in global share markets. 

Members of the Schemes are able to get free personal financial advice to help them navigate this challenging period. You can discuss your investment strategy by arranging a free consultation with a MAS Adviser. To book an online or phone meeting, please complete this form and we will be in touch. 

To find a copy of the full annual reports for each of the Schemes please click below:

MAS KiwiSaver Scheme

MAS Retirement Savings Scheme

You can also request a hard copy of the Annual Reports. Just email us here or call us on 0800 800 627 and we will send one to you free of charge.

A copy of the Annual Reports is also available on the Disclose Register – Scheme Register here.