- Can I transfer my UK Pension to KiwiSaver?
Frequently Asked Questions
Can I transfer my UK Pension to KiwiSaver?
No, you cannot transfer money from a UK pension scheme into your KiwiSaver account, since the UK law changed in April 2015.
Unfortunately, this situation appears unlikely to change - there is no current information about the KiwiSaver Schemes Rules in the KiwiSaver Act 2006 being changed to fit in with the revised UK legislation.
We apologise for any inconvenience this may cause. We will keep this page updated if anything changes.
If you transferred your UK pension to New Zealand before this law change, you can move those funds (as part of your entire KiwiSaver balance) between KiwiSaver providers.
If you are considering withdrawing these funds or switching them between KiwiSaver providers, we strongly recommend that you seek independent tax advice before making any early permitted withdrawal (like a first home purchase), as an early withdrawal could result in significant UK tax penalties. We may be required to report to the UK tax authorities when UK pension transfer funds are withdrawn.