moving pensions etc
#1
BE Enthusiast
Thread Starter
Joined: Apr 2006
Location: Upper kedron
Posts: 409
moving pensions etc
Looking for some profesional advice on moving pensions etc from uk. I suppose what i am looking for is a financial advisor in Oz (Brisbane) with experience in both UK And OZ. Anybody recommend someone?
Raven
Raven
#2
Re: moving pensions etc
Hi
Depends on what type of pension you have.
I had a very good UK final salary scheme one and was advised not to move it, unless I was very sure I'd be in Oz on retirement. So, I've left it for now.
But you really do need someone who can advise you personally.
Kim
Depends on what type of pension you have.
I had a very good UK final salary scheme one and was advised not to move it, unless I was very sure I'd be in Oz on retirement. So, I've left it for now.
But you really do need someone who can advise you personally.
Kim
#3
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Thread Starter
Joined: Apr 2006
Location: Upper kedron
Posts: 409
Re: moving pensions etc
so who advised u not to move it?
#4
Forum Regular
Joined: Apr 2007
Location: North Lakes, Qld
Posts: 50
Re: moving pensions etc
Has anyone on Expats sorted out their Pensions and Finances AFTER they moved to Australia?
Who did you use and were they any good?
and finally, what were the biggest problems sorting out your finances when in Australia?
Any advice much appreciated.
Robbie
#5
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Joined: Sep 2005
Location: Hallett Cove,Adelaide
Posts: 449
Re: moving pensions etc
Hi, we are also trying to get advice as i believe you can only take money to Oz once tax free and then it's 30% after that! Have been advised that if you leave isa in uk Oz will tax you on it! I have also gathered from info on here that you have 6 months in which to take advantage of the no tax on transfering!
Hifi and Go Matilda will both advise and i know George from Go Matilda is an accountant in both u.k and Australia, i have just downloaded forms "tax planning questionaire" which i will fill in and return to Go Matilda and they will give me a price for the advice, i don't know how much but will post an idea on here when i know. The question is can i afford not to get the professional advice?
Debbie
Hifi and Go Matilda will both advise and i know George from Go Matilda is an accountant in both u.k and Australia, i have just downloaded forms "tax planning questionaire" which i will fill in and return to Go Matilda and they will give me a price for the advice, i don't know how much but will post an idea on here when i know. The question is can i afford not to get the professional advice?
Debbie
#6
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: moving pensions etc
Debbie,
My name is Alan, not George!
Also, some of the points in your posting are not correct ...
Hope to receive the Questionnaire soon.
Best regards.
My name is Alan, not George!
Also, some of the points in your posting are not correct ...
Hope to receive the Questionnaire soon.
Best regards.