because a whole lot needs to happen
before a pension transfer
we collect UK pension, personal and tax information
we analyse the info collected
we report on tax, financials and heaps of other stuff
you decide on whether to transfer or not
we transfer your pension to NZ
You provide us with information on yourself that is going to be important for our assessment of your situation.
Then we go away and collect all the information on your UK pensions from your pension providers. That’s right we do all the heavy lifting for you, contacting them through our dedicated UK team who continuously chase for the information we need.
We crunch all the information that we collected to determine whether the transfer value is right, what your tax liability might look like, what the financials of a transfer and a leave in the UK look like.
This is the brains part of our analysis.
The decision to transfer a UK pension is a big one and you need to fully understand the financial and tax implications. Our UK advisers provide a customised pro’s and con’s analysis so you make an informed decision to transfer or not.
Find out how you will be significantly financially better off in your retirement by moving your pension to New Zealand Vs leaving it in the UK. On average our clients are financially 30% better off and have simplified their pensions with a move to New Zealand. They enjoy peace of mind having escaped punitive and unpredictable rule changes in the UK, proximity to their funds, investment control and flexibility, low fees and professional financial advice that maximises their pension benefits in retirement.
If a transfer looks like the right thing to do – you then need to select the right New Zealand QROPS for your current and future needs. This is not a one size fits all scenario. We work with you to assess variables like your tax status, investment profile and whether you want to invest in sterling funds or kiwi dollar funds and future intentions to name but a few to determine the right scheme for you.
Our independent licensed NZ advisers then work with you to select the right NZ QROPS scheme and because we are not tied to any one scheme you won’t get shoehorned into a scheme that doesn’t fit – Instead, we help you select the right one for you!
With these important steps complete we start the transfer process – we complete all the necessary forms all you need to do is sign them. We will then make sure your UK funds get transferred to your chosen New Zealand QROPS. Transferring your UK pension to a New Zealand QROPS will be one of the more important financial decisions you make, right up there with buying a home or making other important investment decisions. Our processes ensure you’ve made this decision fully informed so you can rest assured you have done the right thing.
Your dedicated case manager on our UK team will work with your New Zealand based consultant to ensure your transfer to a New Zealand QROPS runs smoothly from start to finish.
but we don’t stop there we continuously assess
The final step in the QROPS transfer process is ongoing. Because the HMRC wants to know what is going on with your funds for 10 years after you transfer your UK pension to a QROPS, you need to know that the QROPS you are going into has longevity and is committed to reporting.