PIE Save is launching soon! This article contains some of the early details about our new fund, we’ll update it with full details closer to launch.
What is PIE Save?
PIE Save is a savings option built for Kiwis who want a smarter home for their cash, with the PIE (Portfolio Investment Entity) tax benefits you’d expect from Kernel. Depending on your tax bracket, it may treat you better come tax time. We’re focused on making sure your money goes toward your future and avoiding the kinds of costs that can quietly eat into returns over time.
When will PIE Save be available?
We’re making a few final tweaks, but PIE Save is expected to be available in the coming weeks.
If you’ve registered your interest, you’ll be among the first to know when PIE Save is live.
How do I register to be notified when PIE Save launches?
You can register to be first in line to hear when PIE Save launches.
What will the PIE Save fees be?
We’re still putting the final touches on the PIE Save fees for launch. We’ve been very intentional about keeping things simple and avoiding unnecessary costs for PIE Save.
How fast can I get my money out of PIE Save?
We’ll share more details about how fast you can get your money out of PIE Save in the coming weeks, but you can expect it to be in line with Kernel’s usual prompt turnaround.
What’s the interest rate / savings rate on PIE Save?
We’ll be announcing the live interest rate for PIE Save on launch day, but if you’re looking for a home for your cash that’s both high-yield and tax-smart, we think you’ll be pleased.
How is PIE Save different to Smart Saver?
Smart Saver is already a strong option for short-term cash, and PIE Save isn’t about replacing it. It’s about giving customers another way to hold cash within Kernel, depending on what suits them best. More information on how Smart Saver and PIE Save compare will be available soon.
How is PIE Save different to the Cash Plus Fund?
Cash Plus is a managed fund, spread across assets like term deposits and bonds.
PIE Save will be more akin to a savings-style product, wrapped with PIE tax benefits. More information on how Cash Plus and PIE Save compare will be available soon.
Is PIE Save covered by the DCS?
PIE Save is structured as a PIE investment fund rather than a bank deposit, so it isn’t covered by the DCS (Depositor Compensation Scheme).