If you have a UK pension and want to make the most of your money, so that you can enjoy the most fulfilling and worry-free retirement lifestyle, the specialists at Blacktower can help. Our advisers have years of experience guiding individuals through the processes relating to international pension transfers to help maximise the chances of protecting and growing wealth, while also ensuring that tax liability is no larger than it needs to be.
Defined Benefit Pension schemes
The heyday of the Defined Benefit Scheme has well and truly passed, and this is despite the best intentions and limited protections of the Pension Protection Fund. However, expats do have plenty of pension options if they wish to transfer their pension pot. Choices include a SIPP transfer, a QROPS transfer or a QNUPS transfer.
Click here to discover why Defined Benefit Schemes are problematic and to consider some of the more attractive alternatives.
A SIPPs empowers the investor to be able to choose how and where they invest their money. These pension options are a great way for those based in the UK, as well as those who are living abroad, to go ahead with an international pension transfer. SIPPs offer many advantages, including tax efficiency.
Find out more about full SIPPs low cost SIPPs and hybrid SIPPs.
Both a QROPS transfer and a QNUPS transfer give savers, whether they are resident in the UK or living as expats abroad, the opportunity for increased flexibility in regards to their pension planning.
Depending on your individual goals – for example, a desire for reduced income tax on drawdown or greater investment diversity – the type of model that is right for you will vary. Advice from an accredited specialist who is authorised by the Financial Conduct Authority can help you decide whether QROPS or QNUPS is the right option for you.
Help from the specialists at Blacktower
As a fully regulated firm, Blacktower's international pensions transfer specialists can help you achieve confidence in your financial future whatever your country of origin and wherever you now reside.
Contact us today using the online form at the top of this page.