British Expats - Moving pension to NZ

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- - Moving pension to NZ (https://britishexpats.com/forum/new-zealand-83/moving-pension-nz-911212/)

tease

Apr 2nd 2018 5:27 pm

Moving pension to NZ

I am a British national and have residency in NZ. I have converted 2 pensions into a single drawdown pension in the UK. I have already taken my 25% tax free lump sum.

My question is when we return to NZ to live is it possible to transfer the rest of my pension to NZ?

Many thanks

Ian

chc4me

Apr 3rd 2018 10:23 pm

Re: Moving pension to NZ

Hi Ian,
If your pension is in 'Drawdown' then yes you can obtain a transfer value and complete a transfer to a NZ scheme. However if you have converted to an Annuity, then under the terms of that annuity, the funds can not be transferred.
Warm regards
chc4me

tease

Apr 4th 2018 5:38 pm

Re: Moving pension to NZ

Thank you for that great news!

Is there a body I can approach to do this thru, I want to avoid sharks 😉

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