Is it time to bring your KiwiSaver across the ditch?
Have you traded your jandals for thongs or a chilly bin for an esky, but still left your KiwiSaver in New Zealand?
If you’ve moved to Australia, now could be a good time for you to consider bringing your KiwiSaver across the ditch as the New Zealand dollar heads towards parity with the Australian dollar.
This means you’ll get more bang for your buck when you transfer your KiwiSaver to an Australian super fund.
Aside from favourable currency rates, by transferring your KiwiSaver to Australia you’ll also save on KiwiSaver admin fees and Inland Revenue tax of 28% which can slowly erode your retirement savings.
This is a sponsored advertising promotion by First Super Pty Limited (ABN 42 053 498 472, AFSL 223988) as trustee of First Super (ABN 56 286 625 181).
This document contains general advice which has been prepared without taking into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and read the Product Disclosure Statement before making any investment decisions. To obtain a copy of the PDS or Target Market Determination please contact First Super on 1300 360 988 or visit our website www.firstsuper.com.au.