The UK's stance on pensionstransferring

Professional Adviser
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For those moving abroad to work who already have an existing pension arrangement in the UK, the right to transfer the plan to their new country of residence depends on whether they meet the UK's stringent criteria

Many people who move abroad to work will have existing pension arrangements in the UK and may want to know whether they can transfer those benefits abroad. The bad news is that working out whether it is advisable for someone to transfer will mean finding out as much as possible about pension arrangements in the country they are moving to, which may not be straightforward. In fact, it is very likely that an individual will have to seek advice both in the UK and their new home country to ensure a full picture of the options available and the potential consequences of transferring are obtai...

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