The best time to get on the pathway to financial wellbeing is when you are born. That’s why Riana Bennett (Ngāti Mahaki) enrolled her tamaiti Ryan with Whai Rawa soon after he was born.
“I want to make sure he has choices when he grows up”, says Riana. “The choice to buy a house and create a stable environment for his own whānau. The choice to go to university or polytech so he can earn a good income and undertake a job he enjoys.
Getting him on the Whai Rawa waka early was a great way to start, and knowing Ngāi Tahu offers the Newborn Distribution on top of matched savings and other Whai Rawa benefits was an extra motivator to open his account soon after he was born. I have also set up an automatic payment to start Ryan’s account growing steadily“. Te Rūnanga o Ngāi Tahu provides a Newborn Distribution of $100* as a kick-start to all those enrolled with Whai Rawa before they turn 1 to encourage whānau to enrol pēpi early. Contact us to make sure pēpi in your whānau are enrolled now.
* Te Rūnanga matched savings and distributions are available to all members under 65 years of age (see pages 5-6 of the investment statement) and are subject to RSCT (retirement scheme contribution tax) deducted at your personal RSCT rate (see page 13 of the investment statement).