zerocash

Hi
Has anyone got a list of Superanuation companies that have QROPS status.
or has no company got it yet.
cheers

Bix

I've not seen one posted on here yet mate.

Actually there was one but it was a Self Managed Fund - Jumbo I think.

zerocash

Hi Bix,
yes i saw that one, but did not know what company it was..
There must be some info somewhere.!!

Bix

There's no Super company involved with the self managed funds.

Where we may have Sunsuper, AMP or whatever, his is effectively "Jumbos".

I scanted through the HMCM FAQs the other day and seem to remember reading they had no plans to publish a list of approved funds so it's a matter of keeping the ear to the ground I guess.

Sical

[
Have spoken to a guy at I Rev re Pensions he is dealing with QROPS - they have given status to bout 10 companies and have about 10 more going through in the pipeline.

I have suggested to him twice that they publish a list on the IR website - but some jobsworth at higher level decided against this,

But if you email him with some companies he will confirm whether or not they have the status - To which I replied I would email a list of all Aus pension companies and he said - no thank you does not have the time - jus one or two please. - SO publish a blooody list then!!!!!!!!! - Is it me is is that just too sensible!.

anyway email is [email protected]

I will be emailing him at some point - but have a few months before need to transfer - so if anyone gets around to this before me keep us updated.

Hope this helps
x

zerocash

I will try and call the IR also and see if a list can not be obtained..
your right a list would just be too easy.
cheers

NedKelly

Do you actually think they want to help you move your pension fund away Gordon's sweaty palms?

zerocash

Suppose not LOL, but it need to be done, and yu only realy have 6 months when you get there to get it transfered. Unless that has changed too.
even worse my contracted out pension is 2 years behind cause the IR have not processed it yet. :scared:

Bix

Zero, after the 6 months you can still transfer but it is then taxable in Australia (15% I think)

However it's only on the growth element so if you are a few months over the 6 it probably wouldn't amount to much anyway.

I transferred after being here 18 months and paid no tax. The final salary scheme I was in had grown zilch in that time. In comparison my Aus Super made 15.4% and that is in one of the low risk categories.

One can never predict these things acurately but when they say never move a final salary scheme because it's guaranteed I would question that.

selina

have just emailed that guy for a list of australian pension companies that have QROPS status. hopefully if more of us email him he may get soooo peeeed off with replying that he will have to publish a list. come on guys email him now!! selina

john_w

Could you imagine his inbox tomorrow..LOL

sparkley23

Hiya
My pension is one of the things I have thought about but not really got round to planning anything about it yet. To get me started - What is QROPS status please?

selina

this is the reply i got from that guy

I am not allowed to give out the information you are requesting. However, if
there are a couple of specific pension schemes or pensions companies that
you have in mind, I will be able to tell you whether the scheme(s) in
question have 'QROPS' status.

yeh cheers thanks for nothing. i have just emailed him to ask why he is not allowed to give a list and who exactly is allowed.

john_w

Do you have to email him with a specific company name so he can say yes or no then? FFS I thought Little Britain 'computer says no' was fictional!!
Dear Sir
Could you please inform me if any of the following companies have QROPS status ; ABP Investments * AIMA * Alpha Investment Management * AMP Capital Investors * Antipodean Capital Management * ASIC * Austock Alternative Investment * Austock Securities * Axiss Australia * BBY Limited * * Bennelong Group * BNP Paribus * BT Financial Group * Catholic Superannuation Fund * CSS/PSS * Citigroup Global Markets * Deutsche Bank * Dragon Capital * Ellerston Capital * Empyreal Investments Pty Ltd * Everest Capital Ltd * Fairfield Greenwich Group

Fidentia Capital Partners * GLL Investors, Inc. * Goldman Sachs Asset *

Gottex Funds Management * Hardel Capital * Hayberry Investments * Henry Davis York * HFA Research * HSBC * Interfinancial Ltd * Investor Select Advisors * K1 Global * Lava Trading * Lonsec * Macquarie Funds Management * Macquarie International Capital Advisors Pty Ltd * Mathews Capital Partners * Mechelle Securities Pty Ltd * Mellon Global Investments * Mercer Investment Consulting * MLR Capital * Management * Myer Family Office * Oria Capital Limited * Parly Company * Pentium Quantitative Fund * QIC * RAB Capital * Reserve Bank of Australia * Saltbush Absolute Return Fund * Saltbush Amalg Fund * Select Asset Management * Sequoia Capital Management * SG Asset Management (Australia) Pty Ltd * Statestreet * St. Helens Capital Pty Ltd * Suncorp Investment Management * Tactical Global Management Ltd * Tappenden Holdings * Tozai Investment Advisory

Tricom Equities Limited * Turnstone Asset Management * Victorian Funds Management Corporation * Watson Wyatt * Westpac Institutional Bank * X L Group * 36 South Investment Managers *

marco121068

How about we all pick 3 in turn from the list?