You can transfer your Australian Super to your KiwiSaver Scheme. This will allow you to consolidate your retirement savings in one place. Again, we can assist with this process.

Before we recommend moving your Super, we will meet with you to discuss the options with you for your Super. If the initial discussion suggests that the right option is to move the Super to New Zealand, we will arrange a further meeting.

In the next meeting, we will follow our advice process and work through your goals and objectives, your risk profile, what the most suitable option is for you, and what level of ongoing service will be suitable for you. We will also take into account your broader financial situation and include this if you want. Then, using our modelling software, we can bring the future to life for you.

If at any time we believe it is in your interest to leave your Super in Australia, we will tell you. This is the correct answer in several cases we encounter.

Some things you should be aware of:

• Transferring your Super is not always advisable. You need to understand all the benefits you will be losing, such as Insurance policies you may have. You also need to understand how the financial markets could impact your Super and how the exchange rate can impact. 
• You need to understand the tax implications of either transferring or not transferring. As a financial adviser and Chartered Accountant, we can assist with this. 
• You Super must be invested into a KiwiSaver scheme. There are many of these. We will help with navigating this minefield.  
• There are restrictions about accessing your Super once it is transferred. We will make sure you understand these before you transfer the funds.