How much can I have now?
You may be able to access some of your transferred pension value immediately, although new UK HMRC rules due to commence on 6th April 2012 may limit any lump sum withdrawal to 30% when you reach retirement. We'll explain the options to you, and organise any withdrawal to be paid directly into your nominated Bank Account if this is what you choose.
Your UK Pension will be transferred to a registered New Zealand Superannuation Scheme, which is registered by Her Majesty's Revenue & Customs as a Qualifying Recognized Overseas Pension Scheme (QROPS). We give you the option of keeping your funds in UK Pounds Sterling if you prefer, and we'll help you decide which $NZ portfolio will be best for you once the currency conversion is made from Sterling to NZ Dollars. When you do make a withdrawal , your funds are usually paid tax free in New Zealand without exit penalties.
We're happy to help and we aim to make the whole process easy and hassle free.
More UK Pension Transfer Advice