Go Back  British Expats > Living & Moving Abroad > New Zealand
Reload this Page >

DIY UK Pension transfer to NZ

DIY UK Pension transfer to NZ

Old Jan 6th 2014, 12:04 am
  #1  
Just Joined
Thread Starter
 
Joined: Mar 2009
Posts: 10
toolpath is an unknown quantity at this point
Default DIY UK Pension transfer to NZ

Has anyone successfully transferred their UK private pension to NZ themselves without having to pay a financial advisor?
toolpath is offline  
Old Jan 6th 2014, 5:40 am
  #2  
BE Enthusiast
 
Joined: Mar 2008
Location: Kapiti Coast, Wellington
Posts: 704
MOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond reputeMOSO has a reputation beyond repute
Default 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.
MOSO is offline  
Old Jan 6th 2014, 5:49 am
  #3  
.
 
Snap Shot's Avatar
 
Joined: Jun 2010
Location: Peterborough, Cambridgeshire
Posts: 2,744
Snap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond repute
Default 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.
Snap Shot is offline  
Old Jan 6th 2014, 5:53 am
  #4  
BE Enthusiast
 
lisamct's Avatar
 
Joined: Nov 2009
Location: Auckland
Posts: 617
lisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond repute
Default 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.
lisamct is offline  
Old Jan 6th 2014, 6:36 am
  #5  
Just Joined
Thread Starter
 
Joined: Mar 2009
Posts: 10
toolpath is an unknown quantity at this point
Default Re: DIY UK Pension transfer to NZ

Thanks guys, was there any fees charged from westpac and amp?
toolpath is offline  
Old May 10th 2014, 5:07 am
  #6  
Just Joined
 
Joined: Apr 2014
Posts: 21
akmodi is an unknown quantity at this point
Wink Re: DIY UK Pension transfer to NZ

Originally Posted by lisamct View Post
Me, I transferred mine no problem with AMP. Took a while but was relatively easy on my part.
Lisamct,

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

Thanks
akmodi is offline  
Old May 10th 2014, 8:08 am
  #7  
BE Enthusiast
 
lisamct's Avatar
 
Joined: Nov 2009
Location: Auckland
Posts: 617
lisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond reputelisamct has a reputation beyond repute
Default 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.
lisamct is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.