William made a life decision to move himself and his family from the UK to Australia permanently. Now in his late 50’s he realised retirement is fast approaching. William made a wise decision of setting up a QROPS (Qualifying Recognised Overseas Pension Scheme) in the form of an Australian SMSF (Self-Managed Superannuation Fund and transferring his pension to Australia. He has now unlocked his UK pension and in the process has saved significant tax during retirement.
If you’re a UK Expat, and are looking to consolidate your UK Pension to your Australian Superannuation then the team at Eagle Financial can help you navigate the complex requirements of migrating your UK pension to ensure you maximise your retirement savings.