UK Pension Transfers & NZ Financial Services for Brits

Below we've outlined the features of one of the QROPS-approved New Zealand superannuation schemes we recommend for pension transfers from the UK.

We'd be more specific about the fund name, but due to updates to the Securities Markets Act 1988, we need to have sent you our Disclosure Statements before we can give you these details. If you are interested, we suggest you send off for a copy of our Financial Guide, which will come complete with both the Disclosure Statements and the specifics of the fund.

Broadbase International Ltd is the only impartial broker in New Zealand providing access to this investment option to UK migrants transferring their pensions.

We like this fund as it offers the following features:

• You can hold your transferred funds in pounds while you to wait for a good exchange rate, while still earning a competitive rate of interest.
• You may be able to access your pension fund prior to retirement date - for the first 5-6 years you are subject to the requirements laid down by HMRC for QROPS approved overseas pension funds. This fund is very flexible both in terms of a low retirement age and access to your funds - please contact us for further details.
• You can choose from literally thousands of investment products, including:
  
  • stocks and shares in NZ, US, UK and Australia
  • managed funds 
  • fixed interest vehicles
  • listed property trusts
  • UK investment trusts
  • cash accounts
• The fund provides a personalised service for setting up, advising and managing an investment portfolio for clients.
• Reasonable ongoing fees of 1.5%p.a. of funds under management.
• Has Qualifying Recognised Overseas Pension Scheme (QROPS) status granted by HMRC in the UK, and can accept UK Pension transfers with no tax charge applying to the transfer. 
• The fund is open to non-NZ residents.
• You can view your investment portfolio online.