Currently Her Majesty’s Revenue & Customs in the UK have terminated pension transfers to Australian Superannuation Funds, other than where all members of the fund are aged 55 or over.

For those who have reached 55, the options are, the Australian Expatriates Superannuation Fund (AESF) this is the only retail superannuation fund that is registered in the UK as a ROPS or an Australian Self-Managed Superannuation Fund (SMSF) which is restricted to members of 55 and registered in the UK as a Recognised Overseas Pension Scheme (ROPS).

For more information on the benefits and costs of establishing a SMSF, together with the registration in the UK, please contact me.