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Moving pension to NZ

Moving pension to NZ

Old Apr 2nd 2018, 5:27 pm
  #1  
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Default 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
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Old Apr 3rd 2018, 10:23 pm
  #2  
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Default 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
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Old Apr 4th 2018, 5:38 pm
  #3  
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Default 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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