Our FeeCap Promise.
We’ll help you save thousands of dollars on UK Pension transfer fees and ongoing fund management fees!
Our services are very competitive and great value – we fully disclose and discuss our charges with you before you engage our services to transfer your UK Pension.
Firstly, our UK Pension assessment service is free – we’ll request information and documents from your UK Pension provider at no obligation or cost to you.
We will explain the investment options available to you in New Zealand based on your Risk Profile, and we will work with you to ensure you have enough information to be comfortable investing in a QROPS (Qualifying Recognised Overseas Pension Scheme) in New Zealand.
When you decide to proceed with the transfer we’ll provide a written statement outlining our service commitment and fees, which are usually deducted from your transferred funds.
Finally, once your UK Pension is safely transferred and invested in your NZ Registered QROPS Scheme, our unique FeeCap Program will save you thousands on Fund Management Fees.
We promise we will never accept any service fees paid to us by your Fund Manager over and above our maximum annual service charge – this unique program will save you thousands!
How does FeeCap work?
Fund Managers charge management fees on invested pension funds over the course of an investment year to cover the costs of administration and investment management, a proportion of which is forwarded to your Financial Adviser for providing ongoing client services and investment advice.
These management fees are usually expressed as a per annum percentage of your Funds under Management (FUM) and so will fluctuate depending upon withdrawals, contributions and fund performance, however typically 1% of your FUM annually is paid to your Financial Adviser by a Fund Manager.
Our Feecap program caps the maximum fees paid to us by your Fund Manger at $895 annually. We believe 1% of FUM up to a maximum of $895 to be a reasonable charge for our ongoing advisory services, and you deserve a refund returned to your fund if you are charged more than this.
After all, it’s your pension and we want to help you achieve your retirement goals by improving your investment returns.
How much can I save with FeeCap?
Your fund will continue to receive rebates each year for the entire life of your pension plan – the table below shows some examples of how much money you can save on fees each year.
Value of your pension manager (each year)
Possible Adviser Fees paid by your Fund FeeCap
Adviser Fees we accept under our (each year)
Rebates your fund receives from us
NOTE : Adviser Fees have been calculated at an average annual rate of 1.0% gross.
Remember, these fees that are charged by your Fund Manager reduce your investment returns and fund growth – just think how much you could be saving over the life of your pension or superannuation plan!
Get Your Free Assessment.
Fill in your details and we'll obtain a free no obligation quotation from your UK pension provider.