KiwiSaver

The Trans-Tasman Retirement Savings Portability scheme was set up on 1 July 2013 to allow individuals to transfer their retirement savings from New Zealand to Australia and vice-versa.

However, Trustees who would like to transfer their benefits from a New Zealand KiwiSaver scheme can only deposit their retirement savings in a Super Fund regulated by the Australian Prudential Regulation Authority (APRA). Unfortunately, this means that benefits from a KiwiSaver scheme cannot be deposited directly in an SMSF.

Rolling Funds over to Australia

If a Trustee would like to roll their benefits from the KiwiSaver Scheme over to Australia, they can do so by filling out a payment statement here:

As there are a limited number of APRA regulated Funds that allow the rollover of KiwiSaver scheme benefits, Trustees should check with their respective retail or industry Funds prior to filling out the payment statement. Once the benefits are in an APRA regulated Super Fund, the Trustees can then elect to roll the money over to an SMSF. For more information on the rollover process, please click on the button below:

 

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Peace Of Mind

We are Melbourne based with clients throughout Australia. Our SMSF administration service is mostly paperless. This enable us to charge a fair fee, resulting in a good value-proposition for you.

No Advice

Superannuation Warehouse is an accounting firm and do not provide financial advice. All information provided has been prepared without taking into account any of the Trustees’ objectives, financial situation or needs. Because of that, Trustees are advised to consider their own circumstances before engaging our services.