Australian superannuation legislation provides for all benefits paid out of an Australian fund to be made tax free if you are aged 60 or above at the time of withdrawal.
There are a number of UK schemes that only provide for a pension to be paid in retirement and have no capital value available to you.
Most UK pensions cease upon the death of the second life (typically husband or wife) whereas Australian superannuation schemes allow for the funds to be passed on to your estate - often your children - upon the death of the second life.
Leaving the UK and coming to Australia is a life changing decision that requires a great deal of planning. And one of the most far-reaching decisions you'll make is what to do with your UK pension funds.
Established in 1997, PTD is arguably the most experienced provider of this unique service. Since beginning operations, PTD has successfully managed the transfer of UK pensions for over 6,000 people.
IMPORTANT: This information has been prepared without taking into account your objectives, financial situation or needs. Before acting seek professional advice. Things you should know. © Pension Transfers Direct (PTD). PTD is a Corporate Authorised Representative of Genesys Wealth Advisers AFSL No. 232686.