Changing my investment choices
You may want to review your investment arrangements within your SSRSS scheme from time to time. For example, you may want to move all your balance and redirect your new contributions from a high growth fund to a more conservative fund as you get older. Or you may want to leave your current contributions in a fund and redirect new contributions to another fund. Or you could split your new contributions between more than one fund.
Each SSRSS scheme offers a range of investment funds from which you can choose. You can invest in and direct contributions to more than one investment fund at the same time.
You can find information to help you choose an investment fund (or funds) on the scheme providers' websites.
You can change how your money is invested with your scheme provider up to twice a year free of charge. You may be charged a fee if you make more than two changes in any SSRSS scheme year.
Each scheme provider has its own rules as to how to make these changes. (Generally you must give the required amount of notice directly to your scheme provider.) See your scheme provider’s website for more information.
You need to fill in the relevant form and give it directly to your scheme provider. Forms are available through your scheme provider's 0800 number or through the scheme provider website links below:
AMP: NZRT Changing Your Investments form
ASB: Investment Switch/Redirection Request form
AMP Aspire: Switching Investment Portfolios form
Your scheme provider will send you confirmation of your requested change.