Finzo delivers new pension option
It will offer the Dimensional suite of superannuation funds for its advisers' clients.
These allow UK pension-holders based in New Zealand to access global best-practice funds, without having to convert their money from pounds to New Zealand dollars.
Finzo chief executive Nick Stewart said: “The launch of these funds is incredibly well timed. The current exchange rate is not favourable for those looking to bring their UK pension to New Zealand, sitting at just over 30% less than the historic average for the last 30 years.”
He said, for people reluctant to convert money, this new investment option would allow them to control their funds from New Zealand with a New Zealand financial adviser.
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