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HURRAH! GBPensions' and BlackCat Consulting's Friday the 13th Quiz raises more than $3,000!

29/11/2015

 
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​Here's proof that Friday the 13th is lucky for some! A charity quiz night raised $3,115 for the Humane Rescue, Rehabilitation and Rehoming Charitable Trust (HURRAH). The fundraiser was organised by GBPensions and BlackCat Consulting and held at the Marist North Harbour Rugby Club.
 
In keeping with the traditions of Friday the 13th, the quiz questions were a celebration of the unlucky, the failures, the cheats, the just plain weird and, of course, the Friday the 13th movie franchise. Some of the teams even dressed as horror icons in honour of the occasion.

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What is the current situation with KiwiSaver and UK pension transfers to NZ?

19/11/2015

 
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For many years, GBPensions' advisers had consistently expressed their concerns about KiwiSavers that were (Qualifying) Recognised Overseas Pension Schemes (QROPS or ROPS), but which promoted early withdrawals for first home purchases or to pay a tax liability generated as the result of a transfer of a foreign superannuation scheme. We always felt that these criteria were not within QROPS rules and could, therefore, be classed as "unauthorised payments."

​Subsequently, on 6th April 2015 HMRC removed all KiwiSaver accounts from their list of ROPS. Although none of GBPensions' clients were affected by this change in legislation, over the past few months we have (understandably) received a steady stream of enquiries relating to UK pensions previously transferred into KiwiSavers.

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GBPensions - Qualified, specialist advice for your UK pension transfer options


A Disclosure Statement for GBPensions' Authorised Financial Advisers is available without charge or obligation.
A UK pension transfer to a SIPP or NZ QROPS may not be relevant or appropriate in all instances. The decision whether to transfer or not is complex. It is important to consider the benefits, risks and disadvantages before determining if a UK pension transfer is suitable. GBPensions recommends that all clients seek independent financial and tax advice, personalised to their individual circumstances.

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