Andrew Williams Posted August 14, 2015 Report Share Posted August 14, 2015 Hi all. Further to the halted pension transfers situation: http://www.perthpoms.com/forum/money-finance/18549-important-uk-pension-transfers-post-6-april-15-a.html it seems that there is some good news on the horizon as it appears HMRC have issued a new Australian scheme with a QROPS number and this fund will hopefully show on the ROPS list 17 August. This fund is restricted to members age 55 and over as the reason HMRC essentially stripped Australian funds of QROPS was that they did not meet the 'Pensions Age Test' which is essentially access to monies is not permitted under age 55 therefore this solution gets around this. It has also been suggested that other funds will re-appear but we are yet to know exactly which funds perhaps those with members over age 55. At this stage it seems that the solution only exists for SMSF's however we will explore the list further on 17 August to ascertain this for certain. If you are over age 55 and are looking into a pension transfer to Australia then please contact me directly: Andrew@vistafs.com.au Regards Andy Quote Link to comment Share on other sites More sharing options...
Andrew Williams Posted September 1, 2015 Author Report Share Posted September 1, 2015 (edited) So it has appeared, of course this solution now means a door is open for UK Pensions to Australia in time for retirement: https://www.gov.uk/government/publications/list-of-qualifying-recognised-overseas-pension-schemes-qrops/list-of-recognised-overseas-pension-schemes-notifications Edited September 1, 2015 by Andrew Williams Quote Link to comment Share on other sites More sharing options...
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