Joining the Kernel KiwiSaver Plan is simple, effortless and takes just a few minutes.
Transferring your KiwiSaver balance
To transfer your KiwiSaver balance to Kernel, you will first need an existing individual Kernel account (KiwiSaver is not available for joint, company, trust, and kids accounts).
You can sign up here, completing the verification process along the way. Find out which information you need to get started here.
Once your Kernel account is fully verified and ready to use, simply follow these steps to join the Kernel KiwiSaver Plan:
Step 1: Log into your Kernel account.
Step 2: From the Overview page, scroll down to the KiwiSaver section at the bottom of your portfolio and click "Switch to the Kernel KiwiSaver Plan".
Step 3: Follow the prompts to fill out the appropriate information, including how you would like to allocate your KiwiSaver balance.
What if I'm new to KiwiSaver?
If you're a new KiwiSaver member, you can absolutely sign up to the Kernel KiwiSaver Plan. The joining process is the same as mentioned above.
Do I have to tell my employer that I have switched KiwiSaver providers?
No, you do not need to tell your employer just because you’ve changed KiwiSaver providers. Your employer pays KiwiSaver deductions to Inland Revenue, and Inland Revenue ensures those deductions are passed on to your scheme provider.
If you’re starting a new job, you will need to fill out a KiwiSaver deduction - KS2 form and hand it to your new employer.
If you're not going into a new job, you can still make voluntary contributions at any time.
How long does it take for my KiwiSaver to appear in Kernel?
Am I eligible for KiwiSaver?
If you're not sure whether you are eligible for KiwiSaver or have any questions, please get in touch at support@kernelwealth.co.nz.