Benefits of UK Sterling Fund Option.

We can transfer your pension to a registered QROPS scheme in NZ, and your pension remains denominated in GBP Pounds Sterling.  Investment allocation is made according to your personal investment preferences and risk profile, and can be in GBP Pounds Sterling or NZ$ Dollars – your choice.

There is no need to ever change to NZ$ Dollars unless you wish to, until it is time to make a withdrawal.

You can change to NZ Dollars when and if the exchange rate suits you – your funds remain under your ownership and control, and are invested in genuine investment portfolios rather than just a Sterling Bank account with a NZ Trading Bank.

With current interest rates, simple Sterling Bank Accounts will usually produce a negative return once fees are factored in.   GBP denominated portfolio options mean your pension will earn a genuine investment return based upon the mix of funds in your portfolio, regardless of currency.  This puts you in control and removes the stress of trying to time currency markets.

Benefit of our UK Sterling Fund option

There are many reasons why it is advantageous to transfer a UK Pension to New Zealand, however transferring is a big decision and exchange rates can have a huge influence on the value of your pension.

It may not be the best time to buy NZ Dollars, or you may prefer to keep some of your assets in UK Pounds indefinitely.  As UK Pension transfers can take time there is no telling what the actual exchange rate will be on the day your transfer completes – why not start the process now and we can manage the currency issue later.