Financial Advice
#1
Just Joined
Thread Starter
Joined: Jan 2008
Location: Kent
Posts: 3
Financial Advice
Hi, first post, so treat me gently.
Has anyone sought advice about the status of Child Trust Funds or any other savings based in the UK when you head to NZ? We have a couple of CTF's plus a child endowment policy.
Do they get frozen? Do you keep paying them and keep schtum? Do you lose them?
Did anyone get financial advice before they left the UK for NZ?
In general is it best to maintain a UK bank account? Do you get grassed up to the UK financial authorities when you emigrate?
So many questions......answers to any gratefully received.
Cheers
Has anyone sought advice about the status of Child Trust Funds or any other savings based in the UK when you head to NZ? We have a couple of CTF's plus a child endowment policy.
Do they get frozen? Do you keep paying them and keep schtum? Do you lose them?
Did anyone get financial advice before they left the UK for NZ?
In general is it best to maintain a UK bank account? Do you get grassed up to the UK financial authorities when you emigrate?
So many questions......answers to any gratefully received.
Cheers
#2
Forum Regular
Joined: Jan 2008
Location: Upper Hutt, NZ
Posts: 52
Re: Financial Advice
Hi there,
Can't help on the CTF's and child endowment policy.
When we left we kept our UK internet bank account open and left some money in which has been very useful. I wrote to the bank and advised them that we were leaving the Country and that we wanted to maintain our account.
I told the tax man that I was leaving so that I could claim tax rebate which was paid straight into our UK bank.
Sid
Can't help on the CTF's and child endowment policy.
When we left we kept our UK internet bank account open and left some money in which has been very useful. I wrote to the bank and advised them that we were leaving the Country and that we wanted to maintain our account.
I told the tax man that I was leaving so that I could claim tax rebate which was paid straight into our UK bank.
Sid
#3
Re: Financial Advice
Hi, first post, so treat me gently.
Has anyone sought advice about the status of Child Trust Funds or any other savings based in the UK when you head to NZ? We have a couple of CTF's plus a child endowment policy.
Do they get frozen? Do you keep paying them and keep schtum? Do you lose them?
Did anyone get financial advice before they left the UK for NZ?
In general is it best to maintain a UK bank account? Do you get grassed up to the UK financial authorities when you emigrate?
So many questions......answers to any gratefully received.
Cheers
Has anyone sought advice about the status of Child Trust Funds or any other savings based in the UK when you head to NZ? We have a couple of CTF's plus a child endowment policy.
Do they get frozen? Do you keep paying them and keep schtum? Do you lose them?
Did anyone get financial advice before they left the UK for NZ?
In general is it best to maintain a UK bank account? Do you get grassed up to the UK financial authorities when you emigrate?
So many questions......answers to any gratefully received.
Cheers
Gill