DIY UK Pension transfer to NZ
 

Has anyone successfully transferred their UK private pension to NZ themselves without having to pay a financial advisor?

Re: DIY UK Pension transfer to NZ
 

Yes, it was easy via Westpac (they do all the paperwork, once I provided them with a statement from my UK pension provider).

I must point out that it is a very, very small pension. I would have contacted an advisor for a larger amount to shop around for the best deal.

Re: DIY UK Pension transfer to NZ
 

I understand there can be problems should you wish to transfer it back to the UK at anytime in the future.

I hope I don't regret the above remark.

Re: DIY UK Pension transfer to NZ
 

Me, I transferred mine no problem with AMP. Took a while but was relatively easy on my part.

Re: DIY UK Pension transfer to NZ
 

Thanks guys, was there any fees charged from westpac and amp?

Re: DIY UK Pension transfer to NZ
 

Lisamct,

I think you transferred from the NHS. Could you share with me the options / details?

Thanks

Re: DIY UK Pension transfer to NZ
 

Yep I transferred from the NHS.
I transferred to AMP, I called them up and said I wanted to bring my pension over, they sent me some forms, I completed them and sent them back and they did the rest, it really was that simple. Took about 4 months from start to finish.

I have no real reason for using AMP except that they were the 'default' company my employers used for Kiwisaver so they were the easiest option at the time, now its here I'm looking to find the actual best place to put it.