UK Pension / SIPP
Dec 4th 2018, 2:43 pm
#1
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Thread Starter
Joined: Aug 2018
Location: Oakville
Posts: 20
UK Pension / SIPP
As it is no longer possible to move your UK pension to Canada, (QROPS) does anyone know of a UK financial institution who will invest their pension in CAD? Currency fluctuations are one of the biggest risks we all face and at least my investing in CAD it would do away with the need to move any fund here. My guys in London (decent size fund managers) only invest in GBP, USD and EUR)
Appreciate any feedback.
Appreciate any feedback.
Dec 5th 2018, 4:10 am
#2
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Joined: Dec 2016
Location: St Catharines, Ontario From Bournemouth UK
Posts: 417
Re: UK Pension / SIPP
Invest in Global funds that earn their money abroad. That way you reduce your sterling risk. Fundsmith and Lindsell Train Global are 2 of my favourite funds.
Dec 5th 2018, 12:40 pm
#3
Just Joined
Thread Starter
Joined: Aug 2018
Location: Oakville
Posts: 20
Re: UK Pension / SIPP
However, the issue remains in that I can't find a SIPP Trustee who can make an income payment in anything other than £. So whilst you can invest in $, to get access to your funds, it has to be converted to £.
