Iwi managed investment/savings schemes 2025
Insights from this research have been recently published in Policy Quarterly.
Access the related policy article here.
Project Background
Te Ara Ahunga Ora Retirement Commission engaged Ihi Research to undertake exploratory research, underpinned by a Māori-centred paradigm, into the landscape of iwi managed investment schemes (MIS) and iwi savings schemes (ISS) across Aotearoa, with a particular focus on retirement. These schemes are iwi-led financial initiatives designed to support whānau to build financial security and intergenerational wellbeing, while reflecting Māori values and aspirations for tino rangatiratanga.
Using a mixed-methods approach - including a national mapping exercise, literature review, and whānau and kaimahi interviews—the research developed two in-depth case studies: theNgāi Tahu Whai Rawa managed investment scheme (launched in 2006 and the longest-running scheme of its kind) and the Ka Uruora Whānau Saver scheme (an iwi-led initiative delivered in partnership with SuperLife). The national landscape review found that 12 of 22iwi and hapū groups reviewed actively promote such schemes.
The report explores the goals, design, and impact of these schemes, alongside the government policy settings that enable or hinder them. Common foundations include intergenerational wealth, early enrolment of tamariki, accessible financial education, and support for life milestones such as tertiary education, home ownership, and retirement. The research also highlights how flexible withdrawal settings—including access from age 55 - acknowledge health inequities for Māori. It concludes with nine recommendations to support the establishment and strengthening of future iwi-led schemes, including centring iwi aspirations, embedding culturally grounded financial education, enabling iwi-led or co-governed models, and commissioning long-term impact research.
Hynds, A., Leonard, C., & Bidois, T. (2025). Iwi managed investment/saving schemes. IhiResearch.
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