Pension Transfers - The Position After "A-Day"
Mar 29th 2006, 12:57 am
#46
Migration Agent
Thread Starter
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Pension Transfers - The Position After "A-Day"
What puzzles me a tad is what happens if the pension fund is transferred to a QROPS approved superannuation fund and is at a later date transferred to another super fund that doesn't have QROPS status ... the opportunity for the UK Revenue to tax the transfer is gone.
Hmmm ....
Best regards.
Hmmm ....
Best regards.
Mar 29th 2006, 1:05 am
#47
Forum Regular
Joined: Jun 2005
Location: North Lakes (Originally Newcastle, UK)
Posts: 118
Re: Pension Transfers - The Position After "A-Day"
Originally Posted by Nicstids
I'm hoping that my transfer will go through before 6 April - my Aussie super fund is Asgard. I'm told by my financial adviser that they will be applying for QROPS status in any event.
It has taken nearly 3 months!I have transferred mine to my Asgard superfund.
I also have been told that Asgard are looking to get QROPS status as soon as the application forms are available from HM Revenue & Customs in UK.
Thanks
Shell
