UNITED KINGDOM PENSION TRANSFERS
Expert Guidance for New Zealand Residents with UK Pension Assets
CHANGES ARE COMING - ARE YOU PREPARED?
Transferring a pension from the UK can be difficult and time consuming, even more so with the impending inheritance tax shake-up set to take effect in 2027. This could fundamentally change how British retirement savings are passed on to your family - time is running out to prepare.
There are many options available for transferring your UK Pension. Our team of expert advisers can assist with a comprehensive review of your UK pension assets and personalise strategies to best navigate the process.
Our initial consultation is free of charge – because getting the right advice shouldn't add to your financial burden.
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If you're one of the thousands of Kiwis who worked in the UK and left behind a pension scheme, 2027 marks a watershed moment that could dramatically impact your family's financial future. The UK government's decision to bring unused pensions into the inheritance tax net represents the most significant change to pension taxation in over a decade.
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If you pass away after age 75, your pension beneficiaries already face income tax on withdrawals at their marginal rate. Add the new 40% inheritance tax on top, and some families could see an effective tax rate of up to 67% on inherited UK pensions. Don't let this happen to your family.
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Conduct a complete asset audit
Review your pension beneficiaries
Explore early withdrawal strategies
Consider cross-border tax planning
