UK Pension Transfers
UK Pension Transfers to Australia – Secure Your Future.
If you’re 55 or older, worked in the UK, and have a pension through an employer or personal scheme, Empire Financial Group can help you transfer your UK pension to Australia, providing you with better access, control, and flexibility over your UK pension transfer in Perth.
7 Essential Tips to Avoid Mistakes When Transferring Your UK Pension to Australia.
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UK Pension Transfer - Download
QROPS to Australia.
Empire has extensive experience in handling Qualifying Recognised Overseas Pension Scheme (QROPS) transfers. Our team stays up to date with the ever-changing rules and payments associated with QROPS and Australia’s superannuation system.
Efficient Transfers with Pension Specialists.
We have established strong relationships with pension specialists in the UK, ensuring that your transfers are handled efficiently and accurately. Our team is well-versed in legislative changes and can provide you with the most suitable course of action.
Transfer or Leave?
When deciding whether to transfer your funds to Australia or leave them in the UK, there are several factors to consider:
If you transfer funds to Australia
- Tax-free lump sum cash benefit at retirement age (from 60)
- Tax-free growth and income from pension assets (up to $1.9m based on current legislation)
- Protection from exchange rate fluctuations affecting pension payments
- Control over the distribution of your fund’s value upon death, benefiting your family or beneficiaries
- Potential growth of your pension value in retirement depending on market conditions
If you leave your funds in the UK
- Australian tax applies to lump sum withdrawals and subsequent pension payments
- Inability to increase the value of your pension assets during retirement
- Potential forfeiture of the full pension fund or pension upon death
- Pension value influenced by exchange rate fluctuations
Specialist You Can Trust.
Empire Financial Group is renowned as the leading specialists for UK pension transfer to Australia. Our satisfied clients often refer new clients to us, a testament to the positive experiences they’ve had.