UK-Qualified Pension Transfer Adviser
Harding Wealth Management is one of Australia’s pre-eminent financial planning practices for UK pension transfer advice. With an unmatched combination of UK and Australian financial planning qualifications and over 25 years of client advisory experience, we deliver the level of expertise required for this specialist area of advice.
Simon Harding has over 20 years of UK-based pension advice experience and six years Australian-based financial advisory experience.
He has accomplished the Certified Financial Planner® (CFP) status in both the UK and in Australia. CFP® status is globally regarded as the gold standard in financial advice and is awarded based on Education, Ethics, Examination and Experience. It is the highest award available in Australia.
Additionally, Simon is the only CFP™ Chartered Fellow of the Chartered Institute of Securities and Investment (UK) currently authorised in Australia.
Australian QROPS (For over 55’s)
If you are considering transferring your UK pension fund to Australia you need to be age eligible. Once aged 55 you are entitled to commence the transfer process. This will need to be to a complying QROPS fund.
UK based SIPP (For under 55’s)
If you live in Australia and have UK pension benefits you may be aware that you can no longer transfer the funds into the Australian Super system until you are aged 55. You may still benefit from receiving qualified, ethical advice now
UK Defined Benefit Pensions
These pensions provide a guaranteed level of income, spouse’s pension and inflation proofing that you will lose forever if you transfer to another style of pension fund. We can correctly guide you through this complex advice.
If you have already transferred your UK pension entitlement to a QROPS fund in the last 10 years, you may well now benefit from a review.
Full Advice Service
We are available to engage with you to develop Australian based financial strategies to assist you in creating and maintaining a comfortable lifestyle here.
If you are an accountant or financial adviser with a client holding a UK Pension fund we will be delighted to assist you. We deliver value add services to enhance and protect your client engagement
“I wanted good advice and got great advice.
I wanted to deal with a company that is professional and I got a company that is at the top of their profession.
I wanted to speak with real people and I got personal service.
I would not hesitate to recommend Harding Wealth Management, they provide advice like it should be.” – Ian P, Brisbane, QLD – November 2017
“Simon efficiently helped me through the UK pension plan transfer process. His knowledge of this very complex field is unquestionable. I have no hesitation in recommending his services.” – David J, Melbourne, VIC – March 2019
“I was introduced to Simon by my existing financial adviser, who recommended him due to his UK pensions expertise.
It is clear he has a full understanding of the issues involved, and it is comforting to know he has both UK and Australian qualifications.
Simon takes the time to explain all of the options and makes the process and transition easy to follow. You know you are dealing with someone who has a command of the subject matter.
I would not hesitate in recommending him to anybody with a UK pension fund that requires high quality, knowledgeable advice with integrity.” – Susan C, Adelaide, SA – July 2018
“Whilst searching for advice regarding transferring my UK pensions to Australia I was fortunate to find Harding Wealth Management online.
The knowledge, attention to detail & clarity he & his colleagues provided me was priceless for anyone entering the minefield of Pensions transfers & subsequent investments in Australia. Every detail & all costs were clear & upfront along with realistic timescales.
I would strongly recommend Simon & his team to any UK expat looking to achieve their long term financial security in Australia.” – John S, Sunshine Coast, QLD, February 2019
When paying for advice, make sure it is qualified….
You would be forgiven for assuming that when seeking a firm in Australia offering UK Pensions advice, that they would have the appropriate UK qualifications. Incredibly, this is rarely the case.
A “Pension Transfer Specialist” in the UK is a specific, professionally qualified position. The minimum legal requirement is the UK’s CII Diploma in Financial Planning and either G60, AF3 or AF7. Request proof of these qualifications before engaging with anyone offering advice around this complex and important area of your financial future.
Be wary of “QROPS Specialists” or “QROPS Advisers” as they are rightly viewed with scepticism in the UK. The UK Financial Conduct Authority (FCA) has in recent times attempted to curtail the actions of these advisers by introducing the requirement for Pension Transfer Specialist advice for certain schemes and the Overseas Transfer Charge, but more needs to be done. Whilst a Qualifying Recognised Overseas Pension Scheme is a necessity when transferring UK pension funds to a foreign jurisdiction there are no regulatory bodies or professional qualifications to oversee the actual advice process. Our view is your adviser needs to be able to demonstrate regulated advice experience and appropriate qualifications in both the UK and Australia to provide you with the correct guidance. Under no circumstances should you ever deal with an adviser who is not based full time in Australia and holds an Australian Financial Services Licence (AFSL), regulated by ASIC.
Just because you can, doesn’t mean you should….
There is no doubt that transferring your UK pension fund to the Australian superannuation environment “may” provide you with many advantages. These include areas such as personal taxation, currency conversion issues, a flexibility of choice and estate planning benefits. However, you may also be sacrificing a superior benefit or placing yourself in a worse off position by transferring. Our first question is not “How” to transfer, but “Why” transfer. Only once we are satisfied it is in your financial best interests to facilitate a transfer will we commence the “How” procedure.
Only an adviser who has demonstrated UK regulated pension accreditation and experience is appropriately qualified to provide you with a balanced reasoning, as to which option is most appropriate for you. It may mean delaying a transfer, or not transferring at all. See our Case Studies page for actual examples of how we have assisted our clients, and discover how we can advise you.
Would you like to engage with:
- An adviser who has a unique combination of UK and Australian financial planner qualifications and relevant UK Pension transfer advice experience.
- An adviser who was actually a Pension Transfer Specialist in the UK for over 20 years
- An adviser who has achieved and maintains the globally recognised highest financial adviser awards, the Certified Financial Planner status, in both the UK and Australia.
- An adviser who understands your situation and has made the same move you have
- An experienced, educated and deeply ethical adviser who will take the time to listen and have a thorough understanding of your personal circumstances, goals and ambitions before making personalised recommendations
- An adviser who commits to regular reviews of plans and strategies to keep them on track
Certified Financial Planner status held in both the UK and Australia
Chartered Fellow of Chartered Institute for Securities & Investment
Tax (financial) adviser through examination and experience