Income from Australian Pension
#1
Forum Regular
Thread Starter
Joined: Nov 2008
Location: Sydney
Posts: 123
Income from Australian Pension
Can anyone give me an idea of how much annual pension income could be expected per 10,000 AUD invested in an Australian QROPS qualifying pension fund?
Also, is it easy enough to transfer the amount from a UK pension fund to a QROPS fund without involving an agent who would charge a percentage of the pension pot?
Also, is it easy enough to transfer the amount from a UK pension fund to a QROPS fund without involving an agent who would charge a percentage of the pension pot?
#2
Re: Income from Australian Pension
Unclear how you can expect a straight answer to that question, if you think about it. Many variables.
#3
BE Forum Addict
Joined: Mar 2009
Posts: 1,289
Re: Income from Australian Pension
Most QROPS funds will do it for you free of charge. It's just a question of filling in forms and waiting.
#4
Forum Regular
Thread Starter
Joined: Nov 2008
Location: Sydney
Posts: 123
Re: Income from Australian Pension
Someone out there is likely to have gone though the exercise, or just started to take an income from their pension fund.