Transferring Pension using IVCM
#1
Transferring Pension using IVCM
Hi
Just wondered if any one has used IVCM to transfer they pension to Australia.
How did you get on with fees etc.
I believe that this is the first QROPs scheme over here.
Thanks
ChrisI
and .
VCM
Just wondered if any one has used IVCM to transfer they pension to Australia.
How did you get on with fees etc.
I believe that this is the first QROPs scheme over here.
Thanks
ChrisI
and .
VCM
#2
Into the wild
Joined: Jan 2012
Location: Melbourne
Posts: 16
Re: Transferring Pension using IVCM
Hi Chris,
just wondering if you ended up using IVCM. I'm in the process of transferring UK Defiined Benefits to Aus and I'm torn between the option of using IVCM, as it's the only QROPS retail fund, or opening up a SMSF, with its associated high running costs.
Although ICVM would have considerable lower running costs IVCM they we previously known as Brooklands Pension, which went into administration and people, who pension funds with them, lost their money. I'm worried that that might happen again.
On the other side I'm not familiar with the stocks and shares so a SMSF sounds daunting.
just wondering if you ended up using IVCM. I'm in the process of transferring UK Defiined Benefits to Aus and I'm torn between the option of using IVCM, as it's the only QROPS retail fund, or opening up a SMSF, with its associated high running costs.
Although ICVM would have considerable lower running costs IVCM they we previously known as Brooklands Pension, which went into administration and people, who pension funds with them, lost their money. I'm worried that that might happen again.
On the other side I'm not familiar with the stocks and shares so a SMSF sounds daunting.
#3
Re: Transferring Pension using IVCM
hi
still trying to sort out my transfer.
looks like a smsf for me.
thanks for the update on IVCM. Kind of glad I never used them if they went bust before.
Off to see a company in Perth on monday
I will update you
thanks
Chris
still trying to sort out my transfer.
looks like a smsf for me.
thanks for the update on IVCM. Kind of glad I never used them if they went bust before.
Off to see a company in Perth on monday
I will update you
thanks
Chris