INVESTORFocus - ANZ

1 NOV 2014 FocusINVESTORLife is good And it s even better when it s insuredget smart Six apps-olutely smart ways to save money using your smartphoneNever too youNg to LearN Teaching kids the value of the mighty dollar09131108 INVESTORF ocus070503 NEWSKeep up to date with investment and KiwiSaver happeningsCHANGES AFOOTC hanges to financial markets and investment fundsMARkET updATEA summary of market events over the past quarterH O L IdAY B LuE SA holiday that s worth thinking twice aboutLIFE IS GOOdAnd it s even better when it s insureddAFFOdIL dAYKiwi celebrities help make a difference by being creativeNEVER TOO YOuNG TO LEARNT eaching kids the value of the mighty dollarGET SMARTSix apps-olutely smart ways to save money using your smartphone15 WhAT S inSideWelcome to the latest issue of investor Focus your magazine with information that we believe is relevant and interesting to you as an investor in funds managed by AnZ s been a particularly busy and significant year.

2 In March, we were delighted to be reappointed by the Government as a default KiwiSaver scheme provider. We also took the opportunity to change the name of our default scheme from the OnePath KiwiSaver Scheme to the AnZ default KiwiSaver Scheme. KiwiSaver continues to be a successful and still growing savings initiative. Seven years after it began, more than two million new Zealanders have become members; that s over half of the eligible population, including 72% of eligible 18-24 year olds. We re very pleased that around one in every four of these members is in a scheme managed by AnZ investments.

3 With the September general election returning the national-led government, we expect a continuation of the current KiwiSaver and new Zealand Superannuation strategies. This includes keeping the eligible age of entitlement at 65 for new Zealand super payments. For KiwiSaver, it also remains the age at which you can access your savings, if you ve been a member for at least five is set to change within the investment environment is the start of the Financial Markets Conduct Act 2013 (FMCA). This is a new law that will govern how financial products are created, promoted and sold. it also sets out the responsibilities of those who offer, deal in and trade financial products.

4 You can read more about what the FMCA means on page AnZ we value and appreciate our customers, our staff and the communities we operate in. One activity we re very much behind is daffodil day. This year saw a novel idea for an online auction come to fruition, with a record amount being raised for the Cancer Society s annual fundraising appeal. Read all about this on page 13. We also include a summary of activity in the investment markets over recent months, and we offer some ideas to help your children get ahead by developing sound financial habits from an early age. it s less than 20 years since the mobile phone became an everyday affordable accessory, and today not too many of us are without a smartphone.

5 In fact, one of the smartest things your phone can do is help you save money if you know where to look. We ve put a few suggestions together to help you on your way. As the Christmas season approaches, i know many of you will be starting to think about the holidays, and spending time with family and friends. Fingers crossed for a good summer this year; i wish you all a most enjoyable Ansell General Manager investment ManagementMessage to investors2 News3-4 MAKING THE MOST OF KIWISAVER - Tips from ANZ InvestmentsTrans-Tasman collaboration helps Kiwis bring home their Aussie super if you ve worked in Australia at all since 1992, chances are you may have some money tucked away in an Aussie super fund.

6 Wouldn t it be great to bring it home? now you can. An agreement between new Zealand and Australia means you can transfer your Australian super to a participating new Zealand KiwiSaver scheme. The good news is, all KiwiSaver schemes managed by AnZ investments are able to accept Australian super to manage, easier to savehaving all your retirement savings in one place makes a lot of sense. it s easier to manage and you can see at a glance how much your savings are worth in new Zealand dollars. You can avoid unnecessary fees for your Aussie super , which can eat away at your making any decisions, it s important you understand all of the consequences of making a transfer.

7 You should also understand that the tax rules in each country are different, and the tax you pay will depend on your personal situation. Talk to an authorised financial adviser and your tax adviser if you are unsure about what s right for you. A unique solution for our membersWhat s more, we ve made it even easier, if your Australian super is with more than one provider, a non-compliant provider or the Australian Taxation Office. Members of KiwiSaver schemes managed by AnZ investments can take advantage of a unique and innovative solution, developed with the trustee of anz smart choice super in Australia*.

8 The solution allows people living in new Zealand to open an anz smart choice super account. anz smart choice super helps you find and consolidate your Aussie super using an award-winning super -matching tool. You can then easily transfer the consolidated funds to your KiwiSaver account.* anz smart choice super and Pension ( anz smart choice super ) is issued by OnePath Custodians Pty Limited (ABn 12 008 508 496, AFSL 238 346, RSe L0000673), a wholly owned subsidiary of Australia and new Zealand Banking Group Limited (ABn 11 005 357 522). Are you on track to have the retirement lifestyle you want?

9 Whether your retirement dream is to potter in your garden, volunteer in your local community or travel the world, KiwiSaver can help you get there. And our easy-to-use calculator can help you work out whether you re on track to achieving your retirement savings goal. it also provides some actions you can take to close the gap or save even your scheme s calculator to see how you re tracking:ANZ KiwiSaver Scheme and ANZ Default KiwiSaver Scheme: KiwiSaver Scheme: you a CYPFA Guardian?The Government recently amended the KiwiSaver rules so that guardians who are appointed under the Children, Young Persons, and their Families Act 1989 (called a CYPFA Guardian) can now enrol a minor in their care (who is 17 and under) into a KiwiSaver scheme.

10 CYPFA Guardians also have sole authority to make decisions for a minor in their care (who is less than 16 years old) about their KiwiSaver membership, including transferring them between KiwiSaver schemes. if you are a CYPFA Guardian and would like to find out more about this rule change, talk to your authorised financial adviser, or contact us on 0800 736 choice is important as investment returns affect your savings. Take some time to consider and understand your sure you re contributing enough to reach your retirement savings goal. If you re working and on a contributions holiday, remember you can still contribute directly to your you re not paying more tax than you need to.