News Blog2022-10-06T14:04:50+13:00

What is a ‘pot for life’, and could it make overseas pension transfers easier?

By |March 19th, 2024|Categories: Pension Transfers, UK pensions|

British Chancellor Jeremy Hunt's 2023 Autumn Statement included a couple of important announcements that could impact UK to New Zealand pension transfers. One of these was the abolition of the Lifetime Allowance (LTA). The other was a consultation [...]

Comments Off on What is a ‘pot for life’, and could it make overseas pension transfers easier?

What happened with the Kiwi Wealth Super Scheme?

By |March 18th, 2024|Categories: QROPS, Tax, UK pensions|

The Kiwi Wealth Super Scheme ceased to be a QROPS at the end of 2023. It closed to new members and gave its investors only short notice of its intention to wind up on the last day of [...]

Comments Off on What happened with the Kiwi Wealth Super Scheme?

UK Government abolishes the Lifetime Allowance

By |February 22nd, 2024|Categories: Pension Transfers, Tax|

Having to factor in the Lifetime Allowance (LTA) and its tax implications was arguably a 'nice problem to have'. Its repeal from 6 April 2024 will be welcome news for some investors – but what does it mean [...]

Comments Off on UK Government abolishes the Lifetime Allowance

39,500 nights of safety for more than 400 pets – why GBPensions supports Pet Refuge

By |February 2nd, 2024|Categories: Pet Rescue|

Since opening its shelter doors in August 2021, Pet Refuge has provided a safe haven for more than 400 pets while their families escape abuse and find a safe home. GBPensions is proud to support the work of [...]

Comments Off on 39,500 nights of safety for more than 400 pets – why GBPensions supports Pet Refuge

‘Why is this taking so long?’

By |December 13th, 2023|Categories: COVID-19, Pension Transfers, UK pensions|

GBPensions director Tony Chamberlain reflects on 2023, and the most-asked question about UK to NZ pension transfers. As the year draws to a close, I've had a sobering thought: 2024 will be my 37th year working in the [...]

Comments Off on ‘Why is this taking so long?’

What is the Overseas Transfer Charge?

By |November 22nd, 2023|Categories: Pension Transfers, QROPS|

How HMRC's OTC could impact British expats who transferred their UK pension to a New Zealand QROPS after 9 March 2017 If the last few years have taught us anything, it's that life can take some unexpected twists [...]

Comments Off on What is the Overseas Transfer Charge?

Has Money Helper been a ‘money hinderer’ for British pensioners abroad?

By |October 17th, 2023|Categories: Articles, Pension Transfers, Tax|

UK financial consultants contacted The Mail on Sunday expressing their concerns about 'misleading' tax advice from the UK Government, which could result in British expats potentially losing 'a huge chunk of their pension'. According to The Mail on [...]

Comments Off on Has Money Helper been a ‘money hinderer’ for British pensioners abroad?

Seven things you may not know about the men’s Rugby World Cup

By |October 13th, 2023|Categories: Articles|

As we move into the quarter-finals of RWC 2023, here are a few fascinating facts with which to entertain and educate your rugby-loving (and non-rugby-loving) friends. England's Jonny Wilkinson is the tournament's top points scorer of [...]

Comments Off on Seven things you may not know about the men’s Rugby World Cup

What are digitally encrypted signatures, and how do they impact the pension transfer process?

By |September 19th, 2023|Categories: Pension Transfers|

Cyber-security is a significant concern for all of us. Every day, reputable organisations attempt to take all reasonable steps to protect their confidential data and that of their customers. Encrypted signatures are one simple but powerful tool in [...]

Comments Off on What are digitally encrypted signatures, and how do they impact the pension transfer process?

Helping you reunite with your long-lost UK pension scheme (Pt 2)

By |August 14th, 2023|Categories: QROPS, SERPS, SIPP|

What to do if you contracted out of SERPS In Part 1 of Helping you reunite with your long-lost UK pension scheme, we shared some general advice about how to trace "lost" or "forgotten" workplace and personal pension [...]

Comments Off on Helping you reunite with your long-lost UK pension scheme (Pt 2)

Helping you reunite with your long-lost UK pension scheme (Pt 1)

By |August 7th, 2023|Categories: Articles, Tax, UK pensions|

In 2016, the UK's Department of Work and Pensions (DWP) launched its online Pension Tracing Service "to help people more easily and quickly locate their lost pension savings". At that time, the DWP reported "an estimated £400 million [...]

Comments Off on Helping you reunite with your long-lost UK pension scheme (Pt 1)

Considering UK to New Zealand pension transfers, what’s the significance of the number four?

By |June 20th, 2023|Categories: Articles, Defined Benefits, Pension Transfers, QROPS, SIPP, Tax|

Franklin D Roosevelt declared that everyone in the world should be entitled to four fundamental freedoms: freedom of speech, freedom of religion, freedom from want, and freedom from fear. Our solar system has four gas giant or ice [...]

Comments Off on Considering UK to New Zealand pension transfers, what’s the significance of the number four?
Go to Top