BetterSaver review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
BetterSaver is a New Zealand robo-advisor built for savers who want a managed portfolio without a management fee. The management fee is 0%, and esg portfolios are offered. It suits hands-off investors, less so anyone wanting phone support.
Key facts
- Best for
- A managed portfolio run without a management fee.
- Management fee
- 0% (Source, checked September 26, 2026)
- Regulators
- Financial Markets Authority (Source, checked September 26, 2026)
- Portfolio types
- ESG (Source, checked September 26, 2026)
- Legal entity
- BetterSaver Limited (Source, checked September 26, 2026)
- Headquarters
- New Zealand (Source, checked September 26, 2026)
- Support channels
- Email, Help-centre (Source, checked September 26, 2026)
- Official website
- bettersaver.co.nz
Apps and profiles
- Elsewhere
- facebook.cominstagram.com
Pros and cons
Pros
- No management fee, at 0%
- Regulated in NZ by Financial Markets Authority
- Portfolios built around esg approaches
- Support by email and help centre
Cons
- Support runs on email and help centre only, with no phone or chat
- Portfolios sit with esg options, a narrower choice than the site median of 86.2%
- Regulated in NZ alone, so the licence sits outside the UK and Europe
Who it suits
- Savers who want the portfolio managed and the fee kept at 0%
- Investors who put environmental and social goals ahead of other portfolio styles
- People comfortable being regulated in New Zealand rather than in the UK
Who should look elsewhere
- Anyone who needs phone or live chat help, since support runs on email and help centre
- Investors wanting a wider mix of portfolio styles than esg
Who runs it
BetterSaver is operated by BetterSaver Limited and is based in New Zealand. It is registered with Financial Markets Authority under licence 600609, so the accounts sit with a New Zealand regulated provider rather than an EU or UK one. Help comes through email and help centre, so questions are handled in writing and in the help centre.
How BetterSaver compares
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Where BetterSaver is available
- Available
- New Zealand
- Licence in New Zealand
- Financial Markets Authority (600609), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does BetterSaver charge as a management fee?+
The management fee is 0%. That sits well below the site median of 0.4% and the robo-advisor median of 0.35%, so the portfolio is managed without a recurring platform charge.
Who regulates BetterSaver?+
BetterSaver is regulated by Financial Markets Authority in NZ under licence 600609. The only licence held is the New Zealand one, so readers in the UK and Europe are dealing with a provider outside their home market.
What kind of portfolios does BetterSaver offer?+
The portfolio options are esg, which puts the focus on environmental and social goals rather than a spread of styles. Around 86.2% of the robo-advisors listed run ETF portfolios, so the choice here is narrower than the category norm.
How do I get help from BetterSaver?+
Support runs on email and help centre. That means email and a help centre, with no phone line and no live chat, so questions are answered in writing rather than during a call.
Is BetterSaver suitable for a first investment?+
A fee of 0% suits a first investment, because nothing is deducted from the account for management. The 76.1% share of the sites listings skew to beginners, and this fee structure matches that pattern.
Where is BetterSaver based?+
BetterSaver runs from NZ through BetterSaver Limited. Its regulator and its licence both point to New Zealand, which matters for readers who want a provider supervised closer to home.
How does the BetterSaver fee compare with other robo-advisors?+
At 0%, the fee is the lowest of the 49 brands ranked on management fee, a rank of 1. The 9.1 cost score reflects the same picture.
Sources
- bettersaver.co.nz/contact-us checked September 26, 2026
Backs: Support channels
“Can't find an answer? Email us. We'll get back to you within two working days.”
- bettersaver.co.nz/faq checked September 26, 2026
Backs: Portfolio types
“Can I choose a fund based on my values? Yes. You can tell us what you want to avoid (like weapons, tobacco, gambling, alcohol, or animal testing) and what you want to prioritise (like sustainability...”
- bettersaver.co.nz/pages/advice-disclosure checked September 26, 2026
Backs: Legal entity, Management fee, Regulators, Licences
“BetterSaver Limited (FSP 600609) is a licensed Financial Advice Provider.”
- bettersaver.co.nz/pages/terms-and-conditions checked September 26, 2026
Backs: Headquarters
“This website is suitable for New Zealand audiences only.”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Minimum investment, Investor protection.