For over 55’s
As you are aged 55 or over then you may well be fortunate enough to be entitled to transfer your UK pensions directly to Australia. This will need to be to a complying QROPS fund.
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.
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.
If you have already transferred your UK pension to Australia in the last 10 years you may well now benefit from a review.
Full Advice Service
Once we have advised you on the transferring of your accumulated UK pension fund we are available to engage with you to develop financial strategies to assist you in creating and maintaining a comfortable lifestyle.
If you are an accountant or financial adviser with a client holding a UK Pension fund we will be delighted to assist you.