Legacy Retirement Schemes (SMT & NZRT)
While Avon Wealth primarily focuses on modern KiwiSaver advisory services, we also continue to manage and provide ongoing support for a select range of legacy and niche retirement schemes on behalf of our long-standing clients.
These specialised schemes often have unique structures, historical benefits, and individual considerations that require dedicated knowledge and ongoing oversight. As part of our commitment to existing clients, we continue to offer advice, administration support, and regular reviews to help ensure these investments remain aligned with their retirement objectives.
Please note that these retirement schemes are no longer open to new members. Our involvement with these arrangements is strictly limited to servicing and supporting our existing client base who are already invested in these schemes.
Lifetime Superannuation Master Trust (SMT)
This was previously the AMP Superannuation Master Trust, but as of 2023 has been transferred to a new fund manager, Lifetime Asset Management Ltd.
If you are reading this, you have probably found us via referral from Lifetime directly, or via our regular email correspondence to our client list of about 500 people still sitting within this legacy retirement scheme. You may not have heard of us, as we are just the most recent of about 5 different providers/advisers that your SMT will have changed-hands through since you established it many years back. For example, you might have established this investment with Spicers, AXA, AMP, First Capital, or perhaps even another source in the past – but all of these funds now sit under the management of Lifetime – and we (Avon Wealth) are the linked independent adviser to your investment, here to provide you with ongoing advice and assist with issues relating to lock-in dates, withdrawals, transfers, and structuring the investment to meet your retirement or other financial goals.
If you’ve never reviewed this scheme, or if you have any questions whatsoever about your Lifetime Superannuation Master Trust (SMT) investment, please get in touch with us immediately, so he we can catch you up on your investment and what your options/opportunities are going forward.
You can also find more information about your fund manager, Lifetime Asset Management – here.
AMP New Zealand Retirement Trust (NZRT)
We also look after/advise on a small book of AMP NZRT clients, most of whom originally joined this scheme via their workplace superannuation with NZME.
AMP are, and will continue to be, the manager of these funds – but we (Avon Wealth) are the linked adviser for a number of legacy accounts.
The NZRT is a retirement scheme that is separate to KiwiSaver, and is typically not offered to new employees or customers anymore. However, people who established this many years ago will still have this investment and in many cases, have never reviewed it.
Just like KiwiSaver, or the SMT mentioned above – this fund allows you to structure it depending on your tolerance to risk, and how much growth you are aiming to achieve.
So, getting advice on this scheme is very important, and that’s where we come in.
If you’ve never reviewed this scheme, or if you have any questions whatsoever about your AMP New Zealand Retirement Trust (NZRT) investment, please get in touch with us immediately, so we can catch you up on your investment and what your options/opportunities are going forward.
You can also find more information about your fund manager, AMP – here.
