Most UK company and personal pension funds can be transferred to Australia.
By transferring your UK Pension Fund to a registered QROPS fund in Australia you may achieve the following substantial benefits:
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Pay up to 45% less tax on your pension
Australian superannuation legislation provides for all benefits paid out of an Australian fund to be made tax free if you are aged 60 or above at the time of withdrawal.
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Get control over the lump sum value of your pension
There are a number of UK schemes that only provide for a pension to be paid in retirement and have no capital value available to you.
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Preserve your estate for your beneficiaries
Most UK pensions cease upon the death of the second life (typically husband or wife) whereas Australian superannuation schemes allow for the funds to be passed on to your estate - often your children - upon the death of the second life.
Leaving the UK and coming to Australia is a life changing decision that requires a great deal of planning. And one of the most far-reaching decisions you'll make is what to do with your UK pension funds.
We are the most cost effective in Australia
IMPORTANT: This information has been prepared without taking into account your objectives, financial situation or needs. Before acting seek professional advice.
Logiro Wealth is a Corporate Authorised Representative of Australian Financial Services Limited AFSL No. 297239.