This last of three articles on United Kingdom pension transfers will analyse the pros and cons of domestic versus offshore pension choices and provide the final pieces to a complex jigsaw of transfer options available to expats today.
Anyone who has ever worked in the UK, no matter what nationality, might have a UK private pension that might be transferable offshore to a qualified recognised overseas pension scheme (Qrops). Deciding whether such a transfer is the right thing to do is not easy, especially in light of the developing situation in the UK, which will have a significant effect on the future of pensions there.
In the final part of this trilogy we shall look at current developments and how they are affecting many expats who leave their frozen or deferred pensions in the UK.
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