Got a UK Pension and want to move it here before it starts
May 19th 2009, 3:57 pm
#1
Just Joined
Thread Starter
Joined: Dec 2007
Location: Blenheim, Ontario
Posts: 8
Got a UK Pension and want to move it here before it starts
Just a quick info piece for anyone who has worked in the UK and moved to Canada. If you have a pension there it is possible to move it over to Canada so as not to suffer the exchange rate changes when it does start to pay out. Generally this falls under the QROPS scheme.
I am just in the process of finalising transfer of my own one. It may pay you in the long term to transfer it as you will then have more control over it.
Roy - Ontario
I am just in the process of finalising transfer of my own one. It may pay you in the long term to transfer it as you will then have more control over it.
Roy - Ontario
May 19th 2009, 4:25 pm
#2
BE Enthusiast
Joined: Feb 2008
Location: British Columbia, Canada
Posts: 428
Re: Got a UK Pension and want to move it here before it starts
Hi Roy,
Some good points.
I have also posted a few links for other people thinking of transferring their U.K pensions, as this has been discussed in great detail on previous threads.
Thanks
http://britishexpats.com/forum/showt...=486579&page=6
http://britishexpats.com/forum/showt...=605262&page=2
Some good points.
I have also posted a few links for other people thinking of transferring their U.K pensions, as this has been discussed in great detail on previous threads.
Thanks
http://britishexpats.com/forum/showt...=486579&page=6
http://britishexpats.com/forum/showt...=605262&page=2
May 19th 2009, 6:35 pm
#3
Job Hunting in Ottawa
Joined: Feb 2008
Location: Ottawa, ON
Posts: 407
Re: Got a UK Pension and want to move it here before it starts
I'll be doing this also. I lost over 4k on the balance of my pension this year
