QROP schemes in NZ
#1
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Joined: Sep 2013
Posts: 2
QROP schemes in NZ
Hi, I'm looking at moving to NZ later this year and want to transfer my UK pension. Can anyone recommend a NZ QROP provider? (Based on reasonable fees and ease of transfer).
Thanks
Thanks
#2
Re: QROP schemes in NZ
Here is a full list of QROPS providers in New Zealand (just scroll down to the NZ part). You might like to create a shopping list of wishes that you require from a QROPS provider such as:
KNOWLEDGE (I put this in capitals because this is my most important requirement)
Ability to hold GBP and choose when to switch to NZD or other currency.
Ability to investment in different currencies
Ability to invest in direct investments (shares etc)
Am I able to provide input to the investments?
Am I invested in one big fund (like a Stakeholder Pension) or a tailored scheme (like a SIPP)?
Cost structure, adviser fees, fund manager fees etc.
Are there any exit fees?
Does the scheme allow withdrawals at age 55?
When will I be able to make a full withdrawal?
How often are reports provided?
Can I view reports and updates online?
Who is my contact point?
Can I switch from one provider to another?
Good luck with your move.