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ANZ vs Simplicity KiwiSaver

ANZ is one of New Zealand's largest default KiwiSaver providers. Simplicity is the leading low-cost challenger. Here's how they compare.

Key Differences

  • ANZ offers a wide range of fund types including default, lifestages, and active funds
  • Simplicity's fees are significantly lower — often half of comparable ANZ funds
  • ANZ has a large member base and established adviser network
  • Simplicity's non-profit model redirects profits to charitable causes

Our Take

Simplicity generally wins on fees. ANZ is a solid choice if you value the backing of a major bank or need access to branch support.

Compare funds side by side

Use the Wealth Watch comparison tool to select specific funds from each provider and compare fees, returns, and risk.

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