If the UK pension scheme is considered in isolation, it is possible that the overwhelming conclusion is that it should be transferred to NZ. It is strongly recommended in all circumstances however that you put this into the context of an overall tax and financial plan. If you are new or relatively new to NZ then a review of your tax position and finances is a must as the differences between the UK and NZ are not always evident (e.g. wage levels, interest rates, the cost of goods and services, different/similar taxes etc.) and transition can sometimes be a shock or even painful.

At Leech & Partners Ltd take this very seriously and suggest that you either refer the proposed transfer to your own financial adviser or to our joint venture company, Accumulus Financial Assurance Limited where expert advice will be offered.  In the case of taxation, we recommend that Chris Heffernan review your overall tax position.