Transferring your Australian Super to NZ

If you have money in certain Australian complying superannuation schemes or Australian Taxation Office (ATO) held unclaimed super money, you may be able to transfer it to your KiwiSaver account with ANZ Investments. To find out whether you can transfer your Australian Super, talk to the ATO or your Australian provider first – they’ll be able to advise you.

Here you’ll find information on the benefits of transferring your Australian Super, what to think about, and what you need to do.

Everyone’s situation is different, but there are some good reasons to consider transferring your Australian Super Scheme to your KiwiSaver account.

You may be paying administration fees and unnecessary insurance premiums on your Australian Super, which can eat into your returns. Transferring your money to your KiwiSaver account means fewer fees to pay.

Consolidating your retirement savings into one KiwiSaver account makes it easier to stay on top of your investment – and with the OneAnswer KiwiSaver Scheme, you can manage your KiwiSaver savings and ANZ accounts online, all in one place.

Consolidating your retirement funds into one KiwiSaver account means you know exactly how much money you have in your home currency.

We recommend speaking to your financial adviser to understand all the consequences before deciding to transfer your Australian Super to KiwiSaver.

To transfer your Australian superannuation to your OneAnswer KiwiSaver Scheme you’ll need to apply through your Australian provider or providers. Here’s what you need to do:

If you’re not sure who your Australian provider or providers are, contact the Australian Tax Office (ATO) on +61 2 6216 1111. You’ll need to provide:

• Your full name and date of birth
• Address(es) where correspondence from the ATO about your Australian Superannuation may have been sent to you.

Contact your Australian provider(s) to apply to transfer your funds to your OneAnswer KiwiSaver Scheme account.

They will provide you with the relevant forms and statutory declaration to complete, and advise you of any other documentation they may require. If they require ANZ Investments’ bank details, please call us on 0800 736 034.

Your Australian provider has 30 days to assess your application. Once approved it may take another 30 days to transfer the funds.

The OneAnswer KiwiSaver Scheme is a participating scheme for the purposes of an ATO-held unclaimed super money transfer. You will need to apply to the ATO directly to transfer your funds to the OneAnswer KiwiSaver Scheme.

You can find more information on the process, including eligibility, other conditions, and the ATO’s application form on the ATO website.

It is important that the correct information is included on the application, and the personal details you provide match what the ATO have on their system. Please find the details you need for the OneAnswer KiwiSaver Scheme below:

• KiwiSaver scheme provider: ANZ New Zealand Investments Limited
• NZ business number of scheme provider: 9429039355140
• KiwiSaver scheme name: OneAnswer KiwiSaver Scheme
• KiwiSaver scheme number: SCH11061
• KiwiSaver scheme membership number: Your ANZ customer number

If applying to transfer your ATO-held unclaimed super money directly to your ANZ bank account (i.e. if you are 65 years or older, or the amount is less than AUD200) please use the details below:

• Bank name: ANZ Bank New Zealand Limited
• Bank address: Ground floor, ANZ Centre, 23-29 Albert Street, Auckland, New Zealand
• SWIFT code: ANZBNZ22

Once you have completed the ATO’s application form you will need to post it to:

Australian Taxation Office
PO Box 3578
Albury, NSW 2640
Australia

Please allow time for postage, and processing by the ATO. Transfers of unclaimed monies are processed every six months.

If you want to transfer your funds to the OneAnswer KiwiSaver Scheme but you’re not a member yet, simply joining by completing the application form on the back of the product disclosure statement.