Alun Rees-Williams

Yeah, exactly.

Yeah.

Look, it's not common common for people.

Some people keep track.

You find people with multiple schemes like that tend to have smaller balances.

They might have worked somewhere for two years, somewhere else for two years, somewhere for three years.

So they have a lot of small balances as opposed to someone – we had a case years ago and we had one client that came to us with a pension transfer that he thought was about £400,000, so a lot of money to start with.

It wasn't a Kiwi who'd been overseas but an immigrant.

We did some tracking down for him.

It turns out he had two policies with the same company that he thought were the same scheme because they had similar balances, so £400,000 plus £400,000.

So that's probably about four or five years ago.

And funnily enough, we have a case just landed in the last week where we transferred someone's money 10 years ago.

And for some reason, a UK company called Aviva have just caught up with him and sent him a statement balance and it's about 236,000 pounds, which he never knew he had.

So is it common?

Not hugely, but they are interesting when they come up and people are life-changing for some people.

Yeah.

Yep.

Yes.

So if you think about the two different tax regimes, New Zealand is what we call TTE.

So your money's taxed before it goes in.