Advice Disclosure Statement

Last updated: 23 June 2025

Sharesies Limited (we, us, our) holds a Financial Advice Provider (FAP) licence issued by the Financial Markets Authority (FMA).

At the moment we’re only providing advice related to the Sharesies KiwiSaver Scheme (Scheme), including:

selecting base funds, but not selection of individual shares in self-select;
choosing a contribution rate; and
selecting the right tax rate.

We are not providing advice related to other financial products on our platform or outside of our platform. There may be further limitations—these will be clearly explained to you before any advice is given.

Fees and conflicts

Sharesies customers will not be charged a fee for this advice.

Sharesies and its nominated representatives who provide advice do not receive any commissions or incentives in relation to financial advice given or acted on in relation to the Scheme.

We only advise on the Scheme and a related entity, Sharesies Investment Management Limited, receives fees from the Scheme. To manage this potential conflict we clearly explain that we only advise on the Scheme and we’ll always ensure that our advice is based on your goals.

Our duties to you

Sharesies and our nominated representatives are bound by the following duties:

Meet the standards of competence, knowledge, ethical behaviour, and client care set out in the Code of Professional Conduct for Financial Advice Services.
Give priority to the client’s interests.
Exercise care, diligence, and skill.

Complaints

If you have any complaints or issues with our financial advice service you can make a complaint, free of charge.

You also have access to Financial Services Complaints Limited (FSCL)—an independent, not-for-profit, external dispute resolution service. Their service is free (they won’t charge you to investigate or resolve a complaint).

You can contact FSCL by:

Phone: 0800 347 257

Email: complaints@fscl.org.nz

Post: FSCL, PO Box 5967, Wellington 6140

We’re expanding advice in future

This is only a starting point for advice at Sharesies.

We’re providing this initial advice service to better understand your needs and to develop advice services that support you to meet your financial goals with confidence.