The knowledge and control of retirement savings will
provide security for your future
UK Pensions Melbourne has been established to provide help and knowledge to people who have left the UK on a permanent basis and are considering transferring their UK pension benefits to an Australian superannuation fund.
In 2006 the UK made many changes to pension legislation. One of the changes was the confirmation that UK pensions could be transferred abroad provided that the individual had left the UK on a permanent basis and the receiving pension scheme had been registered in the UK as a Qualifying Recognised Overseas Pension Scheme (QROPS).
In 2015 the UK Government suspended all pension transfers to Australia, with the exception of pensions relating to those who are aged 55 and over.
Advice on an alternative is available for those clients aged under 55 who desire increased control of the investments within their pension and require the protection of high transfer values together with the preparation for a future transfer to Australia.