Can I transfer my savings in an existing superannuation scheme into the ASB KiwiSaver Scheme?
Last Updated: 08 Nov 2016
If you have savings in an existing superannuation scheme in New Zealand you will need to check with your existing superannuation scheme provider as to whether you are able to transfer your savings to the ASB KiwiSaver Scheme.
If you have savings in an Australian complying superannuation scheme, regulated by the Australian Prudential Regulation Authority (APRA) but now live in New Zealand permanently, then you can transfer your savings to the ASB KiwiSaver Scheme.
The ASB KiwiSaver Scheme does not currently accept superannuation transfers from countries other than Australia. For example, it does not accept transfers from UK pension schemes, as it is not a Qualifying Recognised Overseas Pension Scheme (QROPS).
Did this answer your question?
Related Answers
-
After they join KiwiSaver, you should deduct contributions from their next payday. If an employee (who is over 18 and ...
-
Yes. If you are on a savings suspension, you can still get the annual Government contribution (also known as a ...
-
If you are self-employed (and are not paying yourself via PAYE) or not employed, you have the flexibility to stop ...
-
If they’re not on a savings suspension, start deducting employee contributions from their first payday. If an employee (who is ...
-
It’s simple – you can top up any employee contributions with regular or lump sum contributions. You can do this ...
-
Around 8 to 10 working days from when we get your application. The process takes longer than you might expect ...
-
If you have been automatically enrolled in KiwiSaver because you recently started a new job or you asked your employer ...
-
For general information about KiwiSaver, check: www.ird.govt.nz/kiwisaver (for information about KiwiSaver) www.sorted.org.nz (for information about saving and budgeting) You can ...
-
The annual Government contribution (also known as a member tax credit) is calculated based on a year that begins on ...
-
You will be eligible for the annual Government contribution (also known as a member tax credit) if you: are a ...
-
Yes, you can. You’ll need to be an existing ASB customer and be registered for FastNet Classic online banking. If ...
