Linkedin Facebook
GFS Licence Information

Create your ideal lifestyle

At Glynns, we’ll help you get on track with achieving
your ideal lifestyle, wherever you’re at

Request an Appointment

Glynns Financial

Receive expert advice for retirement planning, at every stage in your life journey, from North Shore based Glynns Financial

No matter what stage you’re at, Glynns Financial has the expertise to help you create achievable plans so that you can live your dream lifestyle. Our North Shore based financial advisers provide retirement planning for customers throughout Auckland for the key stages of their financial life – from helping you when you are buying your first home to protecting your loved ones and assets with insurance, and offering investment advice so you can enjoy later life. If you are looking for expert advice on retirement planning, choose Glynns Financial. Our team will help you make the best decisions for now and for your future. Contact our friendly financial consultants today.

Get in Touch
09 414 4113

Services

Invest in Your Future: Comprehensive Financial Planning & Investment Solutions

Insurance

Protecting yourself, your family and your assets is our speciality. Our life insurance advisers will determine what best suits your needs. Competitive prices for health cover, home insurance and mortgage insurance can also be sourced for you.

Retirement Planning

Get the help you need to make informed investment choices to secure the future you envision. Whether you’re planning for retirement or growing your wealth. Let us guide you through investment options and create a plan that supports your lifestyle dreams, ensuring your financial security for years to come.

Business Insurance

Protect your company from unforeseen events that might disrupt production or cause the loss of a key person, incur loss of income or cause you liability. Glynns can advise you on the best types of business insurance for your company, no matter what your size.

Get in Touch

Secure Your Financial Future

Get Your Personalised Investment Plan

Your financial future is about more than just investments. It’s about protecting your loved ones, planning for retirement, and achieving your dreams.

Request an Appointment

Transferring your superannuation from Australia or the UK?

Get answers to the most commonly asked questions

Can I transfer my Australian super to KiwiSaver after I have left Australia?

Yes, in fact you need to have permanently emigrated from Australia before you transfer your Australian super. You must have a KiwiSaver plan in place which accepts Australian superannuation transfers, and you must transfer the full balance to your KiwiSaver account.
The rules governing superannuation transfers between Australia and New Zealand state that the funds must be transferred to an approved scheme – in New Zealand’s case, KiwiSaver. This means that if you opt to transfer your Australian superannuation scheme to KiwiSaver, you will only be able to access it at the approved retirement age, which is currently 65 in New Zealand. Alternatively, you may leave your scheme in place and take funds at the approved age for the scheme (some schemes may allow partial withdrawals at age 55, for instance).
Probably, the main reason people transfer their Australian super to KiwiSaver is that you only incur one set of management fees, and if you are actively contributing to your scheme, it is more likely that your fund will perform better. The ability to actively manage your money is also attractive. If you leave your super in Australia, there may be changes to providers or legislation which you may not know about and which may affect your scheme. Some Australian super schemes have life insurance attached, which is only paid out if you are resident in Australia. And, of course, you’ll still be paying the premiums.
The cost will depend on the complexity of your pension plan. However, we will offer one of the most inexpensive ways of transferring your funds to a New Zealand scheme. A defined benefit scheme will require more analysis and advice and, therefore, a fee will be attached which will be discussed with you. Other schemes may be straightforward and are likely not to incur any initial fees. Once the funds are received in New Zealand, you will pay normal ongoing fund management costs on the fund.
QROPS stands for Qualifying Recognised Overseas Pension Scheme. Every scheme in New Zealand that wants to accept transfers of UK pensions must be a QROPS, which recognises that it complies with the rules as set by Her Majesty’s Revenue and Customs (HMRC). We only represent fund managers who are fully recognised QROPS providers.

It can take some time as we are dealing with and communicating with UK companies. How quickly they respond to information can make the process quite quick or can slow it down. Patience is required and good systems to follow up, Also, if your pension scheme requires expert advice from a UK-based pension adviser, this will take some time to produce a written report. Best to put the kettle on and have a cup of tea while you wait!

Yes, provided they are accepted in New Zealand by an approved or recognised scheme provider.
We aim to give you expert advice as to whether you should transfer your UK pension to New Zealand. Not every person should transfer their pension and some pension schemes have certain benefits which are better kept in place. Generally, moving your pension reduces the risk of changes to providers, legislation and tax rules which could impact on your funds. Also, it is difficult managing these schemes from afar and receiving the benefits can be difficult. More importantly, you may incur additional New Zealand tax for any gains received on your pension fund.

Testimonials

What Our Clients Are Saying

Newsletter

Subscribe today to receive our regular newsletter delivered to your inbox.

Copyright © 2024 Glynns Financial