Pension advice
Feb 4th 2005 | 5:45 am
#1
Thread Starter
Forum Regular
Joined: Sep 2004
Posts: 38
Pension advice
I recieve a NHS pension in the UK. If I lived in Australia what would be the most economical way to get my pension transferred?
Feb 4th 2005 | 9:37 am
#2
Retired
Joined: Apr 2004
Posts: 34,646
Re: Pension advice
Originally Posted by cardmaker2
I recieve a NHS pension in the UK. If I lived in Australia what would be the most economical way to get my pension transferred?
Is your pension being paid already? Usually the best way would be to let it clock up in the UK and do a transfer with someone like HIFX or the Commonwealth Bank every few months.
Jeremy
Feb 4th 2005 | 9:52 am
#3
Thread Starter
Forum Regular
Joined: Sep 2004
Posts: 38
Re: Pension advice
Yes, I'm being paid my pension now. I pay tax in the UK on it and was wondering would it be subjected again to Australia tax. 
Feb 4th 2005 | 9:57 am
#4
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Joined: Jul 2003
Posts: 1,048
Re: Pension advice
Originally Posted by cardmaker2
Yes, I'm being paid my pension now. I pay tax in the UK on it and was wondering would it be subjected again to Australia tax.
