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pensions again
I have a small NHS pension and my husband a small military pension and lump sum My imprrssion is that it is best to leave these i the UK as they are index linked. Instead of drawing them when due would it be a good idea to transfer them via QROPS just beforehand? Is it even possible?
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Re: pensions again
Originally Posted by bats
(Post 10953394)
I have a small NHS pension and my husband a small military pension and lump sum My imprrssion is that it is best to leave these i the UK as they are index linked. Instead of drawing them when due would it be a good idea to transfer them via QROPS just beforehand? Is it even possible?
The main risk of leaving the pensions in the UK is the exchange rate. Transfering them via QROPS is certainly possible but there obviously is a cost to this. That said, RRSPs are more flexible than many UK pension schemes so it may be worth it. |
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