The 2018 UK Budget announcements did not include much in the way of pensions this year with the Chancellor's focus squarely on pre-Brexit preparations. At a glance - The key points of (pension) relevance include: The Lifetime Allowance will increase to £1,055,000 from April 2019 (currently £1,030,000) There will be a ban on cold calling in [...]
Q. Is there ever a reason that you should delay transferring your pension to Australia based on exchange rates?
UK Pension Transfers to Australia - Exchange Rates
Q. What does the future hold for pension transfers to Australia – is there further legislative change on the horizon?
UK Pension Transfers to Australia - Legislation
Q. How does the UK lifetime allowance have the potential to affect your pension transfer to Australia?
UK Pension Transfers to Australia - UK Lifetime Allowance
In this short video QROPS Specialist Scott Noell explains the new rules with regard to moving funds from your UK pension out of the Australian QROPS, post transfer.
UK Pension Transfers to Australia - Pre-Transfer Information (UK Advice) In this 2 minute video Transfer Specialist Scott Noell explains when and why a UK Adviser is required as part of the transfer process.
The amount you can save into a pension – once you have already taken some money out – has been slashed by the Government in a bid to clamp down on those seeking “double tax relief”. The move will hit hundreds of thousands of people, aged 55 and over, who have used the new “pension freedoms” [...]