fbpx

Expat Pensions

Pension Transfer – UK Pension Transfer Specialists

A pension transfer may provide you with more control over your pension fund investments. You can also house all your smaller pensions into one large pot.

This may also allow you give the rest of the fund to your beneficiaries without any UK inheritance tax after your death, as long as you have spent five years or more living outside the UK.

Transferring a UK occupational or personal pension into an overseas QROP scheme can bring about a number of distinct benefits that could be very attractive. Potential benefits include:

What Is Included

The possibility of moving all the pensions that you have built up in the UK into one QROPS

Expats can take any required income to fund their retirement and then, unlike with a UK pension scheme, transfer the pension beneficiary to their heirs upon death. The flexibility and tax efficiency that can be a feature of transferring a UK pension into a QROPS can mean that many expats are keen to take advantage. However, it’s important the jurisdiction, trustees and all other parties have been chosen correctly to create an offshore pension that’s right for you. If you feel you would benefit from expert help in moving your pension to a QROPS then Expat FS can help you find out if its really worth doing.

A pension transfer will also  provide you with more control over your pension fund investments. Essentially you will have access to any mutual fund or ETF available in the world which most likely is better than the current options you have available in your current pension.

Have questions? Feel free to contact us.