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Forum: Canada

Apr 10th 2017, 3:44 pm

Replies: 66

Cashing in final salary pension.

Views: 11,168

Posted By scottymallo

Re: Cashing in final salary pension.

I am using London and colonial. They will do it for non residents. I have spent months of research and there is not a lot of choice I'm afraid.
I am not sure if this is the only option but I have...

Forum: Canada

Apr 5th 2017, 11:50 pm

Replies: 66

Cashing in final salary pension.

Views: 11,168

Posted By scottymallo

Re: Cashing in final salary pension.

As far as I can see nothing changes regarding any tax implications. Transferring from a UK final salary to a UK sipp. The same tax rules will apply you would pay tax in Canada on your UK drawn sipp...

Forum: Canada

Apr 5th 2017, 8:32 pm

Replies: 66

Cashing in final salary pension.

Views: 11,168

Posted By scottymallo

Re: Cashing in final salary pension.

Rates are great I had 30* annual pension last Jan, 40* this feb, no brainer.

Forum: Canada

Apr 5th 2017, 7:30 pm

Replies: 66

Cashing in final salary pension.

Views: 11,168

Posted By scottymallo

Re: Cashing in final salary pension.

The UK sipp doesn't have exit fees but the bond fund i am using to manage my investments in the sipp does

Forum: Canada

Apr 5th 2017, 6:22 pm

Replies: 66

Cashing in final salary pension.

Views: 11,168

Posted By scottymallo

Re: Cashing in final salary pension.

The only option now is to transfer it to a UK SIPP and sit on it, this will allow you to get the cash transfer value currently on offer. Some Final salary providers are offering up to 40 times the...

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