If you have worked in the UK or moved to New Zealand and have a pension scheme in the UK, you need to take notice.
The UK pension rules are changing on the 31st March 2014 and the tax treatment of those funds, if moved to New Zealand, will be vastly different than they are today.
There are 48 registered schemes where you can transfer your pensions into but it must be done before March. Not all of them are top quality and some are down right dodgy. The fees to the uninformed can be extortionate.
It’s best to talk to a professional. UK pension transfers are part of an overall retirement plan, which needs managing. Give us a call; we’re here to help.