Mark White-Robinson
π€ SpeakerAppearances Over Time
Podcast Appearances
Yeah, so no change to how you save or spend, right?
So you keep your existing bank account, your existing cards, and however you'd like to spend right now.
We even work with, like, Sharesies debit card and things like that, and keep your existing KiwiSaver scheme, so you don't need to move your money anywhere.
So who you already trust is who you keep using.
So that was really important to take away any of that friction and moving how you spend or save, because that's a big thing that stops people actually using some of the cool tools that are out there.
As of today, we're just under $600,000.
I think we'll hit $600,000 this week.
So $600,000 extra, that wouldn't have gone into KiwiSaver.
Yeah, that's right.
A hundred percent.
So that's the question we get asked more than any other question is, can I put it somewhere other than KiwiSaver?
We know that lots of people don't want to lock their money up until they buy their house or they retire.
So we're working on that right now.
What we're trying to do is make it as frictionless as we've made the KiwiSaver process.
So with the KiwiSaver process, we don't need to do any AML on you.
So you don't need your power bill or
or anything like that.
It's a really simple process.
We want to make sure there's something as simple as that for going elsewhere.
So we're looking at going into your managed funds.