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SINCE THE UK INTRODUCED PENSION FREEDOMS in April 2015, the number of people transferring their pensions out of a Defined Benefit (DB) pension into an alternative pension type has increased significantly. Darion Pohl, CEO, believes that there have been multiple reasons for this, including: Higher...
A QROPS is a type of overseas pension transfer scheme that follows requirements set by HMRC (Her Majesty’s Revenue and Customs). A QROPS is a Qualifying Recognised Overseas Pension Scheme that requires a beneficial owner along with a set of trustees. Once set up, it...
Pension transfers can be complex, they require much thought and consideration before making a final decision. It is important to seek expert UK pension transfer advice from qualified financial advisers who will determine the best outcome on your pensions based on your own financial circumstances,...
Transferring your pension benefits internationally can be a daunting and complex process, which is why many individuals choosing to retire or move abroad turn to international pension transfer specialist and professionals who can help them navigate the process. Using a pension transfer adviser can save...
Moving abroad can be an amazing prospect for anyone who has found better opportunities to advance their career or perhaps spend their retirement elsewhere. This said, doing so also brings many important questions and great challenges, especially when it comes to financial management. When moving...
The final salary pension transfer scheme continues to be a popular choice with expats because of the rising transfer values and the freedom and flexibility it provides. The final salary pension is also referred to as the ‘defined benefit’ pension, which ensures a fixed retirement...
You have many things to worry about when moving abroad, but your pension should not be one of them. Working with an expat pension transfer specialist will make the process simpler and less stressful. Get in touch with a financial and pension advisory firm that...
When moving abroad, you need to think about your pension and how you can take it with you. Britons have the option to turn to a UK pension transfer specialist for assistance and sound advice on what to do with their pension. An expert can...
Emigrating to another country can be a daunting experience, especially when you have your pension to worry about. The good news is that it may be possible to transfer your pension to your preferred country with the help of a financial adviser. Just be sure...
When you move to the UK from another country, it is important to know the changes in your tax residence status, which also alters how your pensions and assets are taxed. If you are an expat, it pays to be fully informed on how that...
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