Why you should consider transferring your UK Pension

Since 6th April 2006 it's the NZ Inland Revenue's view that UK Pensions are not exempt from the foreign investment fund rules and investors are required to account for income under the FIF regime in their yearly NZ tax returns.

Hence you are paying NZ tax yearly on the value of your UK Pensions including Final Salary Schemes left in the UK. Note: some exemptions apply.

Exchange rate options for your UK Pension Fund

We can transfer your UK Pensions to a NZ QROPS and hold your funds in a UK Cash Account within the QROPS Scheme until you are happy with the exchange rate. This allows you control over the rate your UK Pension is exchanged at helping avoid currency fluctuations.

Benefits

When planning your retirement in New Zealand you need to consider the benefits of transferring your pension from the United Kingdom to New Zealand.

Personal Service

Move My Pension has many years experience providing specialist transfer services of UK pension schemes & funds to New Zealand.

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