Consolidating superannuation ato
Below we cover some common questions around Trans-Tasman including the transfer process and what happens when your Australian funds arrive.Contact us online or call 0800 11 55 66 If you were an employee, (not self employed) and have worked in Australia since 1992 then you are likely to have accumulated some superannuation funds.Back to top There are a number or reasons to consider consolidating your superannuation investment in New Zealand. Please read the information contained on these pages, as it will assist you in making a decision about whether or not you can bring your Australian superannuation funds across to New Zealand.Because the New Zealand and Australian tax regimes are different, we recommend that you obtain specialist tax advice to discuss what effect bringing your investment to New Zealand may have. If you wish to speak with one of our Kiwi Saver Specialists or an Authorised Financial Adviser regarding your situation, please contact us - we are happy to help. If you have “lost” your superannuation, make a start by contacting the ATO using their searching for lost super form.– Do these apply if you are not contributing to your fund?If they do, how much do these benefits cost you and are you covered while living in New Zealand?These would have been paid direct to your superannuation fund by your employer.The contribution rate your employer had to pay has been rising, from 3% of your income back in 1992, with a goal of being as high as 12% by 2026 – this means you may have saved a significant sum.
Alternatively, you can contact the Summer team and we can connect you with an Authorised Financial Adviser in your region.
Perhaps you are already paying for insurance through policies you hold here be they life, income protection or permanent disablement for example. Superannuation can be complex and we recommend seeking confirmation from your Australian superannuation provider about the fees and benefits that are associated with your Australian superannuation account.
Once you have made a decision, we can help you with the transfer.
Or you may have lost track of your contributions completely. Make a start by contacting the ATO) using their searching for lost super form and post it over to them, or alternatively drop it into your nearest Forsyth Barr office and we can post it on your behalf.
You could also utilise the ATO’s online services and create a My Gov profile.