Consilium’s KiwiSaver scheme unwrapped

Consilium has announced the new KiwiWRAP KiwiSaver Scheme is registered and is accepting adviser applications. Member applications will be accepted in the new year.

The adviser-led scheme will be the first open architecture KiwiSaver scheme in the independent advisory space.

‘This is a much-needed innovation within our profession. As KiwiSaver balances have grown, one size no longer fits all. Choice, transparency of fees and access to professional financial advice becomes even more important. KiwiWRAP will help investors to have more control and obtain the advice they deserve.’ says Consilium managing director Scott Alman.

Advisers and members will have access to over 400 managed funds, international shares, international ETFs and bonds, giving them more options than any other available KiwiSaver on the market.

There has been a high level of interest from advisers wanting to incorporate an advice based KiwiSaver to help their investors bring together the final piece of their wealth management world. Advisers will be able to monitor and report on their clients’ portfolios in one place through Consilium Wrap.

Consilium recognised the need for an advice based KiwiSaver and has been working to bring this to market over the last 18 months. Consilium was granted a managed investment scheme manager’s licence (MIS) in April.

Advisers who are interested in using the KiwiWRAP KiwiSaver Scheme are encouraged to contact Consilium or visit