Pensions' trap warning for contracted expat workers

“All too often when people take a short-term contract and move abroad they put their UK pensions on hold. Since they are on a contract they are unlikely to be eligible to enroll in any local company pension scheme,” explains Gavin Pluck, European Director.   GWM points out that even when expatriate workers are eligible to enroll, many are put off because they don’t want the hassle of transferring the pension out at a later date.   “What then happens is that contracts are extended but the pensions are forgotten and people find 10 years down the line they have failed to make adequate prov...