Overlooking the formula method for tax on pension transfers is dangerous. If you have been in New Zealand for longer than four years and want
Recent official statistics for New Zealand show that some British migrants are chosing to return to the UK. A recent Stuff.co.nz article suggests high rents and
Transfers to QROPS are still popular with expats, and people returning home from working in the UK. Since QROPS started in April 2006, some 123,100
Over 30,000 people have transferred their UK pensions to a Malta QROPS even though they don’t live there. We have spoken with many Malta QROPS pension
Defined benefit pensions in the UK set a defined benefit at the date of leaving the scheme. This benefit is based on the final salary of
Over the years, but far more regularly lately we’ve come across many people who have been sold a “pup” by slick overseas advisers and moved
If you want to transfer a UK defined benefit pension the UK regulator (the FCA) has made it really blinking hard. If your pension has
OK so there’s been a big and boring legal stoush going on in the UK… the upshot of which is that UK pension schemes trustees
Brexit, Trump and so much more, it seems that everyday is a rollercoaster on the exchange rate front. With so much uncertainty there is always
Every final salary pension transfer over £30,000 needs FCA advice Back in 2016 the Financial Conduct Authority (FCA) made it compulsory for anyone wishing to
UK pension providers appear to be grinding slowly to a halt on all pension transfers as walls go up and a seige mentality grips them.
People of all ages are getting out of their final salary and defined benefit pensions in the UK, and the numbers are unprecedented. Spurred on
Xafinity1 produce a monthly pension transfer value index, where it’s actuaries (read smart math’s people) calculate what the value of someone’s pension would be worth
We are writing about control, because we spend much of our lives faced with things that are out of our control. Governments make decisions we
British expats and Kiwis who’ve left their personal pension back in the UK are being advised to transfer it before Brexit kicks in. The advice
For years the New Zealand regulator has been building a strong regulatory regime to protect people from bad advice and worse investments. One of the
Ania Zalewska, University of Bath In the past decade, the banking industry has been a central focus of attention for regulators, academics and the general
It’s never been harder to transfer a UK pension to New Zealand. Over the last three years UK government agencies have put up consistent barriers
Having been involved in pension transfers since 1999 we have seen it all. What started out as a cottage industry helping New Zealanders and British
On the 9 March 2017, the UK Budget introduced with immediate effect an “Overseas Transfer Charge” (OTC) which is a 25% tax charge on transfers
For decades people in the UK have been told that final salary (or defined benefits) pensions are ‘gold plated’ and the perception has been established