Have you Considered?

Does my plan contain valuable options?

Does my plan guarantee predictable benefits at retirement, regardless of the future movement of UK interest rates and investment returns?

If I take my benefits as a transfer value now, what rate of return would my Superannuation need to achieve in order to replicate the benefits I have given up?

What percentage of my overall retirement provision is tied up in my UK pensions?

What are the death benefits available from the arrangement, should I die: before normal retirement date? after normal retirement date?

What are the costs associated in making an informed decision?

Where is my pension fund invested in the UK? If I keep it there does it continue to meet with my attitude to investment risk?

What is the current strength of the insurance company it is invested with? Do they still exist?

What are the ongoing charges, if any, of my pension arrangement?

How well or badly has my chosen fund(s) performed against its peers?

Requirements

To transfer any UK Pension Benefits to New Zealand, the following requirements must be met:

Permanent departure from the UK with no intention of returning to work or retire;

Employment or self-employment in New Zealand;

New Zealand residency for tax purposes;

No part of the UK Benefit commenced paying a pension;

Payment directly from the UK scheme to an  HMRC, QROPS approved New Zealand superannuation fund.

If you haven't already immigrated then refer to "Suggestions before immigrating to New Zealand".

NOTE: The LYFORDS UK to NZ Pension Transfer Service utilises HMRC registered and approved QROPS superannuation funds that are subject to the New Zealand Superannuation Schemes Act 1989 and Securities Act 1978.