We are delighted that our Product Disclosure Statement (PDS) has again been awarded the WriteMark Plain Language Standard.
In a field known for its complexity, Summer’s goal is to help people on their investment journey. Being awarded the WriteMark on our PDS is a reflection of our commitment to helping investors make informed decisions.
Since the scheme launched in 2016, the Summer PDS has achieved the WriteMark each time it has been updated.
The updated statement includes minor amendments, updates to the investment objectives for Summer Listed Property, Summer Conservative, Balanced and Growth Selections and we have updated the risk indicator for Summer Global Equities and Summer Growth Selection.
"To retain the WriteMark, a document needs to be reassessed each time it changes," explains Lynda Harris, Founder and Chief Executive of Write Limited. “The Summer PDS continues to deliver to a high standard for ease of reading and understanding.”
The WriteMark is a quality mark awarded to documents that achieve 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
Accessible information is a cornerstone for making wise decisions about investment and at Summer we are committed to ensuring that the PDS remains transparent and accessible. It clearly explains how the Summer KiwiSaver scheme works, its risks, and investors’ rights.
“Plain language is an integral part of how we engage with members. Whether it is one-to-one communication with our team, our regular newsletters, investor education pieces or Product Disclosure Statement, we work hard to support investors with their financial literacy journey and to understand the language of money” says Trish Oakley, Head of Summer.
In addition to the Summer PDS the Transferring Australian Superannuation to the Summer KiwiSaver scheme booklet, was a finalist for the Best Plain English Document — Private Sector in the 2021 Plain English Awards. Introduction to Investing for New Zealanders has also achieved the WriteMark Plain Language Standard and received a highly commended special mention in the 2022 Plain Language Awards.
Read the Summer KiwiSaver scheme's current Product Disclosure Statement.
If you haven't already, join the Summer KiwiSaver scheme.
Forsyth Barr Investment Management Limited is the issuer of the Summer KiwiSaver Scheme. Forsyth Barr Investment Management Ltd is a licenced manager of registered schemes and part of the Forsyth Barr group of companies.
