Why Transfer my UK Pension?

Good question – you certainly don’t have to transfer your pension from the UK, even though you may have emigrated to New Zealand.  In many cases it could be better to leave it under Her Majesty’s care, however there are differences in rules, taxation and benefits between the UK and NZ Pension systems which we think you need to know about.  These differences can often add up more NZ dollars in your pocket rather than British pounds in someone else’s!
 

New Zealand pension options are more flexible, are paid tax free, and your pension will not die when you die – our benefits page explains some of the advantages of transferring your pension in more detail.
 

In some situations it may be more advantageous for you to leave your pension in the UK.  Pensions in the UK grow tax-free and some UK Pensions have guaranteed benefits - that is why we advise you to carefully consider all the options and take appropriate financial, legal and taxation advice.