About us

The SuperLife UK pension transfer scheme is a recognised overseas pension scheme (ROPS).

SuperLife helps individuals transfer their UK pension money to New Zealand. Our goal is to make the transfer process as simple as possible, so that you can focus on your investment objectives.

SuperLife is a market leader when it comes to the things that matter most to your investment:

  • Low fees
  • Flexibility
  • Communication
  • Service

In addition, investment performance is transparent and competitive.

By investing in the SuperLife UK pension transfer scheme, you can access a range of managed funds for various risk-return profiles, or choose from 34 sector and ETF funds. This means you can set your own investment strategy across the main investment asset classes of cash, fixed interest, shares and property, and across New Zealand and international markets.

Advantages of transferring your UK pension money to NZ

Click here to read more about the potential advantages of transferring your UK pension money to NZ.

How to transfer your UK pension money

Each UK pension transfer is unique – we will work through the steps with you and determine the requirements of your UK pension scheme and HMRC. The amount of time it takes to transfer your money will depend on these requirements.

It is important to note that KiwiSaver schemes are unable to accept transfers direct from UK pension schemes.

Step One – Ensure you have the information you need to make an informed decision

It is important that you download and read the product disclosure statement (PDS) for the SuperLife UK pension transfer scheme. This includes details of the investment options, fees and risks.

  • Download the PDS by clicking here

We also recommend that you familiarise yourself with the New Zealand and UK tax rules for UK pension transfers. You can learn more about the New Zealand tax rules by visiting Inland Revenue’s website and reading their guide on foreign superannuation lump sums. While we include a summary of the tax rules in the PDS, we do recommend that you seek independent tax advice.

Once you have considered the above, please complete the three SuperLife documents below and email them back to us at ukpensions@superlife.co.nz. You can download each form by simply clicking the links:

  1. Application form to join the SuperLife UK pension transfer scheme (at the back of the PDS); and
  2. Transfer agreement; and
  3. Letter of authority that will allow us to contact your UK pension scheme

If you have any questions about the information included above, please don’t hesitate to email us at ukpensions@superlife.co.nz or call 0800 27 87 37.

Step Two – We will confirm your membership and liaise with your UK pension scheme 

Once we have processed the documentation described in Step One, we will provide you confirmation of your membership in the SuperLife UK pension transfer scheme and contact your UK pension scheme to initiate the transfer process.

Your UK pension scheme will send us the documents to be completed to process the transfer. We will help you through the process of completing those documents.

There will be times throughout the transfer process where your UK pension scheme may require further information from you. In certain circumstances (typically where you are in a defined benefit scheme with a value greater than £30,000) you may also be required to speak with a UK financial adviser to ensure that you are made aware of the implications and risks associated with the pension transfer. Your UK financial adviser may also require you to obtain NZ financial advice. We will help you through these steps.

Please be aware that the transfer process can take a few months depending on your UK pension scheme, so it is important to allow plenty of time to complete the documentation.

Step Three – Transfer your UK pension money

Once your UK pension scheme approves the transfer, your money will be sent to us in GBP. We will confirm the amounts received and ensure that your money is invested in the investment options chosen by you.


Fees matter. It is important when transferring your UK pension scheme money to consider all applicable fees. SuperLife is among the lowest cost ROPS in the New Zealand market.

The fees can be split into one-off and ongoing fees, and are outlined below.

One-off fees

  • Financial Adviser Fee – If applicable, you will be charged this fee by the UK and/or NZ financial adviser from whom you seek advice
  • Entry Fee - You will be charged this fee when you transfer money into the SuperLife UK pension transfer scheme from a UK pension scheme. The fee is up to 1% of the amount transferred or $500 (whichever is greater) and is deducted from the amount transferred
  • Exit Fee – This is not a fee on withdrawals, and is only applicable if you transfer money from the SuperLife UK pension transfer scheme to a UK pension scheme or another ROPS. The fee is up to 1% of the amount transferred or $500 (whichever is greater) and is deducted from the amount transferred

Ongoing fees

  • Administration Fee - $60 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). It is deducted at $5 each month
  • Fund charges – This fee is a percentage (%) per annum of the fund's net asset value and therefore depends on the funds you choose to invest in. Most of our fund charges range from 0.44% to 0.68%

Further information about the SuperLife UK pension transfer scheme