In this episode, Jess asks Stuart to break down the different types of KiwiSaver funds.

Funds are grouped by how much of the riskier investments they hold, like shares and property (also known as "growth assets"). Whether you're looking to dial your risk up or down, it's important to pick the right fund that aligns with your savings goals. 

Stuart also shares where to find out exactly which KiwiSaver fund you’re in — because knowing your current fund is the first step to making sure it’s working for you.

This podcast has been prepared by the FMA. The advice is of a general nature, and is not intended to be financial advice and FMA does not accept responsibility for any loss that any a person may suffer from following it. The FMA recommends that our audience seek their own financial advice in respect of investing in KiwiSaver. Anyone considering investing in KiwiSaver or making changes to their investment in KiwiSaver should seek advice from a financial adviser.