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Pension Transfers are not the most exciting part of emigrating to Australia, it certainly won’t have you jumping for joy like when you finally get you visa in your hand, but when you realise that what you could save on tax by having correct, timely advise could be more than all your other emigration costs put together you’ll realise it’s time to think very seriously about making the most of transferring your UK pension to Australia.
Darion Pohl, a pension transfer specialist and director of Prism Xpat, revealed to me 7 common pitfalls that many UK migrants make when considering transferring their UK pension to Australia.
I must point out that any tips and information in this article is general in nature, is information only and should not in anyway be construed as being financial advice. Each person’s financial situation will be different and you should seek professional advice from a cross border pensions specialist to determine the best way to act. Continue Reading
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If you’re emigrating to Australia from the UK you’ll probably be worried about getting your visa, passing the medicals, figuring out where to live and getting a job. Rightfully so, but there’s one step that far too many Brits think about too late or even worse, not at all and this could be costing them Tens of Thousands of pounds!
