There are significant benefits that could be gained by transferring your UK pension fund to New Zealand;

·    You gain much greater control over how the funds are allocated. You will have little or no input at all into how your UK Pension is invested and the pension funds in the UK are normally invested very conservatively, which may not be suitable for your personal investment profile.

·    After transferring, you would be able to switch between investments if you wanted to.

·    You may be able to access some or all of the money before age 65, if needed.

·    You could receive the money as a tax-free lump sum benefit, instead of being compelled to purchase a taxable annuity with the majority of the fund total, as is the case in the UK.

·    The value can be factored into your Lifestyle Plan's insurance needs assessment, to reduce the level of covers that you need and consequently reduce the premiums you have to pay.

·    Interest rates in the UK are significantly lower than the current NZ rates, so you have greater opportunity to get higher returns on your investments here.

·    Options exist in New Zealand which allow you to control the timing of the transfer of investment funds from Sterling to New Zealand dollars.

·    You would remove for good any uncertainty of the fluctuating GBP/NZ$ exchange rate affecting your pension.

UK to NZ Pension Transfers in 4 easy steps … Click Here

or, if you really just want some good advice for your money now, call us on freephone 0800 10 22 64 or phone +64 9 915 6464 (from outside of New Zealand) or e-mail us here … info@abg.net.nz