Westpac KiwiSaver

Westpac is a bank that offers a variety of financial services, including personal, retail, business and institutional banking.

Compare Westpac KiwiSaver

If you’re considering opening a KiwiSaver fund with Westpac, check out Canstar’s latest Star Ratings for its products.

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Types of Westpac KiwiSaver funds

The Westpac KiwiSaver scheme is managed by BT Funds Management – the investment arm of Westpac in New Zealand. It offers six KiwiSaver funds, each offering a different level of potential return and targeted to the needs of a different life stage. The funds contain varying mixes of assets, with cash and fixed-interest bonds (income assets) making up most of the conservative funds, and equities (growth assets) making up more of the growth options.

Eligibility to open a Westpac KiwiSaver account

Most New Zealanders can join KiwiSaver. Find out if you’re eligible on the government’s KiwiSaver website.

How to open a Westpac KiwiSaver account

Apply online on the Westpac website.

Compare KiwiSaver funds

Written by: Bruce Pitchers | Last updated: September 24, 2021

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Important Information

CANSTAR rating

Indicative CANSTAR rating*

* Managed funds that have not been available for a minimum of five years are not eligible to receive a Canstar star rating, therefore an indicative star rating is supplied. Indicative star ratings are represented as outlined stars, and provide an indication of the funds rating relative to its peers for the period for which it has been available.

Click here to view the Canstar KiwiSaver Star Ratings Methodology. The Star Ratings in this table were awarded in September 2020. The current features, rates and fees are displayed and may be different to what was rated. The Star Rating shown is only one factor to take into account when considering a product.

The initial table display is sorted by Star Rating and then alphabetically by company.

Any advice on this page is general and has not taken into account your objectives, financial situation or needs. Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Canstar is not providing a recommendation for your individual circumstances. See our Detailed Disclosure.

Data in the table is updated from time to time to reflect product changes notified to us by product issuers. Check current product details and investment options with the product issuer. Consider the Product Disclosure Statement before making a purchase decision.

The table above may not include all providers in the market and may not compare all features relevant to you. Canstar is not providing a recommendation for your individual circumstances.

The performance and fee information shown in the table is for the investment option used by Canstar in rating of the Kiwisaver product. Performance is after the annual fund charge, and before tax and membership fees. Performance for periods longer than one year is per annum and is for the period up until 31/03/2021. Performance information is sourced from the New Zealand Companies Office Disclose Register. Performance data may not be available for some products. This is indicated in the tables by a note referring the user to the product provider, or by no performance information being shown. Please note that all information about performance returns is historical. Past performance is not necessarily a guide to future performance; unit prices and fund values may fall as well as rise.

Canstar may earn a fee for referrals from its website tables, and from sponsorship (advertising) of certain products. Payment of sponsorship fees does not influence the star rating that Canstar awards to a sponsored product. Fees payable by product providers for referrals and sponsorship may vary between providers, website position, and revenue model. Sponsorship fees may be higher than referral fees. Sponsored products are clearly disclosed as such on website pages. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. Sponsored products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. The table position of a sponsored product does not indicate any ranking, rating or endorsement by Canstar. See How We Get Paid for further information.

This advice is general and has not taken into account your objectives, financial situation, or needs. Consider whether this advice is right for you. Consider the product disclosure statement (PDS) before making any financial decision. For more information, read Canstar’s Privacy Policy.

The Star Ratings in this table were awarded in September 2019. The search results do not include all providers and may not compare all features relevant to you. View the Canstar KiwiSaver Star Ratings Methodology and Report. The rating shown is only one factor to take into account when considering products. Canstar may receive a fee for referring you to a product provider.

Canstar is an information provider and in giving you product information Canstar is not making a recommendation or giving an opinion in relation to acquiring or disposing of a particular product. If you decided to apply for a product, you will deal directly with a provider, and not with Canstar. Rates and product information should be confirmed with the relevant provider. For more information, read the product disclosure statement (PDS) and Canstar’s terms of use and liability disclaimer.

This is provided for information purposes only. It is general in nature and has not taken into account your particular financial situation or goals so is not a personalised service. Consider whether this information is right for you. It is recommended that you consult a financial adviser before making any financial decision.

Performance, fee and other information displayed in the table has been updated from time to time since the rating date and may not reflect the products as rated. The performance and fee information shown in the table is for the investment option used by Canstar in rating of the Kiwisaver product.

The investment performance after fund fees is shown above. Note that historical performance may not reflect the future performance of funds. Performance information is sourced from the New Zealand Companies Office Disclose Register.

Performance data may not be available for some products. This is indicated in the tables by a note referring the user to the product provider, or by no performance information being shown. Past performance is not necessarily a guide to future performance; unit prices and fund values may fall as well as rise.