Beneficiary Fund

The Beneficiary Fund has as its objective the support of ministers of the Church both in service and particularly in retirement. The Fund is managed by Presbyterian Beneficiary Fund Trustee Limited. For further information about the management of the Beneficiary Fund, contact Presbyterian Beneficiary Fund Trustee Limited, either Russell Garrett or Tracy Setters. Contact Melville Jessup Weaver (phone 0800 266 787) for minister and parish contributions, or account information.

Beneficiary Fund Trust Deed

Beneficiary Fund Trust Deed (effective from 24 September 2020)

Annual Report, Financial Statements, and Fund Performance

To view the latest Beneficiary Fund financial statements, annual reports and Fund updates, please see the financial statements page.

Product Disclosure Statement

The Product Disclosure Statement relating to the offer of membership in The Presbyterian Church of Aotearoa New Zealand Beneficiary Fund dated 6 August 2024 replaces the Product Disclosure Statement dated 27 September 2023.

Download or view a copy of the latest Product Disclosure Statement.

Responsible investment, including environmental, social, and governance considerations, is taken into account in the investment policies and procedures of the Fund. The Trustee has selected Mercer to manage the investments of the Beneficiary Fund, in part because of the range of socially responsible investment funds it offers. For an explanation as to how socially responsible investment is implemented within Mercer’s funds, please visit Environmental, Social & Governance (ESG) Policies l Sustainable Investment - click Mercer link. 

Member Newsletters

Download member newsletters, which are published periodically. Older copies of the newsletter are available on request from the Church Property Trustees.

Member Complaints

The Trustees are always looking for ways to improve Beneficiary Fund members’ experience. If something has gone wrong, we want to know.

Please send an email to trustees@presbyterian.org.nz and tell us what has happened and how we can resolve matters. If you have any documents or correspondence that will help us understand your complaint, please attach them to your email.

When we receive your complaint, we will:

  • Acknowledge your complaint within two working days
  • Gather and evaluate information about your complaint
  • Respond to you within 20 working days.

If we cannot resolve your complaint to your satisfaction, you can contact Financial Services Complaints Limited – A Financial Ombudsman Service (FSCL). They are an independent, not-for-profit, external dispute resolution service approved by the Minister of Consumer Affairs. FSCL’s role is to investigate and fairly resolve complaints. Their service is free (it does not cost you anything).

FSCL’s contact details are:

Employer Superannuation Contribution Tax Update

Presbyterian Church Beneficiary Fund - a new ESCT rate may apply from 1 April 2019