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Financial Markets Authority’s role in this transfer

The transfer is subject to formal approval by the Financial Markets Authority (FMA) — the New Zealand government agency responsible for regulating KiwiSaver schemes.

The FMA's role in this proposed transfer is restricted to reviewing this information pack and any member submissions before deciding whether to allow the transfer to proceed.
The FMA can approve the transfer if it is satisfied that:
  • the terms and conditions of the scheme to which members are to be transferred are no less favourable to members than the terms and conditions of the scheme from which they are being transferred; and
  • the transfer is otherwise reasonable in all the circumstances.
A copy of this information has been forwarded to the FMA.

How to make a submission to the FMA about this transfer

You can make a submission to the FMA to let them know what you think about this proposed transfer. The FMA must consider any submissions received before deciding whether to give its approval for this transfer.
Any submission must reach the FMA by 5.00 pm on 8 May 2026.
To make a submission,

Implications of the transfer:

If the FMA approves the transfer, you will become a member of the Fisher Funds KiwiSaver Plan. Your Fisher Funds TWO KiwiSaver Scheme account will be transferred to and invested in the Fisher Funds KiwiSaver Plan. All future contributions will be invested in that Plan. When the transfer process is complete, you will cease to be a Fisher Funds TWO KiwiSaver Scheme member. When there are no longer any members in that scheme, it will be wound up.

What happens next?

If the FMA approves the transfer, we will send you a confirmation letter and a welcome pack after the transfer has been completed. If the transfer is not approved, you will remain a member of the Fisher Funds TWO KiwiSaver Scheme on the existing terms and conditions.

What do you need to do now?

As noted above, you do not need to do anything for the transfer to proceed. However, we recommend you carefully read this information to be fully informed about the transfer proposal.

Questions and complaints

If you have any questions in the meantime, please email Fisher Funds at [email protected]