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Summer KiwiSaver scheme receives hallmark of clarity again


Forsyth Barr’s Product Disclosure Statement (PDS) for its Summer KiwiSaver scheme has again been awarded the WriteMark Plain Language Standard.

“The WriteMark shows our continued commitment to making this investment easy for investors to understand so they can make informed decisions,” says Trish Oakley, Head of Summer.

Since the scheme launched in 2016, the Summer PDS has achieved the WriteMark each time it has been updated. “To retain the WriteMark, a document needs to be reassessed each time it changes,” says Lynda Harris, Founder and Chief Executive of Write Limited.

“The statement is a living document, and as it changes we work to keep it up to the WriteMark standard,” says Oakley. “We are committed to ensuring that the statement remains transparent and accessible to KiwiSaver investors.”

Accessible information is a cornerstone for making wise decisions about investment, she says. “The statement clearly explains how the Summer KiwiSaver scheme works and the associated risks for investors.”

“This also sits alongside our broader financial education commitment that we strive for through our investor education programme led by financial author, seminar presenter and Authorised Financial Adviser, Martin Hawes.”

Harris states, “Information about investment affects decisions that have a far-reaching impact. Forsyth Barr has committed to clarity in a field that’s known for its complexity. Their members can be confident they’re investing with their eyes wide open.”

What the WriteMark means
The WriteMark is a quality mark awarded to documents written to a high standard of plain language. A document that carries the WriteMark:
• has been checked against the rigorous WriteMark criteria
• is focused on the needs of the intended audience
• is easy to read, understand, and act on
A document carrying the WriteMark logo shows that it has been checked for clarity, grammar, and presentation against a rigorous standard.

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