From Tax and Estate Planning confidence through to clarity on retirement savings, transferring your UK Pension can deliver numerous benefits, including:
Tax: Under current rules, if completed within four years from the first day you become a tax resident in New Zealand, you can transfer your UK Pension without any NZ tax obligations.
Estate Planning: Once your funds are transferred to a ROPS, you can have confidence that your Pension will remain in your Estate for your family and loved ones.
Investment oversight: Regain control of your retirement planning; you can manage the investment of your funds through your chosen ROPS, and even in combination with your KiwiSaver plans.
This is just a quick overview of some of the common benefits. Like to find out more and assess the benefits for your personal circumstances? Click here to request a free, personalised report from Pension Transfers.