A stalled NHS pension transfer to Australia can be moved to New Zealand
Thousands of NHS pension transfers have been stalled following the removal of Australian QROPS from the QROPS list.
With little chance of Australian QROPS returning to the QROPS list many people are choosing to redirect their previously initiated NHS pension transfer to a New Zealand QROPS.
If you have previously applied for a Cash Equivalent Transfer Value and were in the process of an NHS pension transfer to an Australian QROPS you can easily switch your NHS pension transfer to a New Zealand superannuation scheme. But be warned this is the final chance to transfer out (as the NHS will allow this one-off redirect)
If you select the right type of QROPS in New Zealand you can also get a lot of benefits, including:
- No longer being at the mercy of UK pension changes
- The flexibility of being in a QROPS and therefore able to transfer out of the scheme in the future (unlike being stuck in an Australian scheme if you transfer into it)
- Having significant tax advantages over leaving it in the UK to be paid as a pension to you in Australia
We have moved hundreds of NHS pensions from the UK to New Zealand and can help you now. But time is limited as the NHS will not hold open transfers. Avoid delay and contact us today to unstick your NHS pension transfer.
OZ Free Phone: 1800 857 410
Loads of benefits in
transferring to New Zealand
Many British expatriates living in Australia transfer their UK pensions to New Zealand wanting to get the funds closer to where they live, protect themselves from any nasty future legislative changes and reduce their tax liability…read more
Avoid the hurt of more UK
The UK government has been at it again reducing previously guaranteed minimum pension by implementing a new flat rate pension. These changes have reduced some unfunded UK pensions by up to £30,000…read more
It is easy to transfer
a UK pension to NZ
New Zealand is a popular destination for UK pension transfers due to its robust legislative environment. What’s more transferring your NHS pension to a New Zealand QROPS is easy, even when you live in Australia, because of our deep experience and teams in the UK and New Zealand.
in NHS pensions we have
transferred to NZ QROPS
Average $200k transfer
but we transfer small and large
the average transfer time
utilising our UK and Australasia teams