Moving to a drawdown pension
#16
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Joined: Apr 2007
Posts: 206
From: Brisbane







#17
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Joined: Apr 2007
Posts: 206
From: Brisbane







#19
As far as annuities go, I need a UK postcode to determine the rate. I don't have a UK postcode.
#20
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Joined: Aug 2004
Posts: 140








Definitely no ifa is required to set up a sipp, to move it to drawdown, or to arrange each drawdown payment each month.
Look at AJ bell or Hargreaves Lansdowne.
How it differs for non UK residents I don't know, suggest you contact one of these providers.
Look at AJ bell or Hargreaves Lansdowne.
How it differs for non UK residents I don't know, suggest you contact one of these providers.
#21
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Joined: Oct 2023
Posts: 28

There are no mainstream SIPP providers that accept non-UK residents (the two you listed do not either). Non-UK Residents in regulated jurisdictions (EU/US/Australia etc) require a financial adviser to open a compliant SIPP. Please don't opine on things if they are coming from an uninformed position.
#22
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Joined: Aug 2004
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There are no mainstream SIPP providers that accept non-UK residents (the two you listed do not either). Non-UK Residents in regulated jurisdictions (EU/US/Australia etc) require a financial adviser to open a compliant SIPP. Please don't opine on things if they are coming from an uninformed position.
#23
To be eligible for a Hargreaves Lansdown (HL) account, you must be a UK resident for tax purposes and live in the UK. For existing accounts, you can generally continue to trade if you move to the European Economic Area (EEA), but you may not be able to deposit additional funds if you move outside the EEA, except for specific roles
#24
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I'm all for personal experience.. that's all good. What I would say is that once you have a UK pension eg Sipp, then you are perfectly entitled to operate it if you become a tax resident of say Australia. HMRC will not tax your withdrawals but the Australian tax office will.
This is a retirement scenario so one would not expect to be making contributions to a UK pension, and once in drawdown.
This is a retirement scenario so one would not expect to be making contributions to a UK pension, and once in drawdown.
Last edited by scotty9000; Oct 24th 2025 at 9:29 am.
#25
Taxation is not the issue I'm facing. The issue is that I can only tax the full UK pension pot and I cannot convert to a drawdown pension such as a SIPP. I don't need to take 100% of my funds. Getting access to a personal UK pension has become a challenge as a non UK or EU resident.
#27
#28
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Joined: Aug 2006
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From: Velez-Malaga











I'm also a UK citizen, but I am not resident. Huge difference. I also pay UK income tax, but not on earned income.
To be eligible for a Hargreaves Lansdown (HL) account, you must be a UK resident for tax purposes and live in the UK. For existing accounts, you can generally continue to trade if you move to the European Economic Area (EEA), but you may not be able to deposit additional funds if you move outside the EEA, except for specific roles
To be eligible for a Hargreaves Lansdown (HL) account, you must be a UK resident for tax purposes and live in the UK. For existing accounts, you can generally continue to trade if you move to the European Economic Area (EEA), but you may not be able to deposit additional funds if you move outside the EEA, except for specific roles
#29
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Joined: Aug 2023
Posts: 129
From: Japan











This company
Yes, I am not a UK resident. Read their terms carefully, non UK address is OK but you will need your previous info to set up. Also I had a translated and notarised copy of my local ID, which is normal.
UK bank account is a must [UK bank account in the name and address of the customer (matching their registered details). In addition, the bank must be directly regulated by the Prudential Regulation Authority (PRA). ]
Once set up it's easy enough to manage withdrawals myself.
Yes, I am not a UK resident. Read their terms carefully, non UK address is OK but you will need your previous info to set up. Also I had a translated and notarised copy of my local ID, which is normal.
UK bank account is a must [UK bank account in the name and address of the customer (matching their registered details). In addition, the bank must be directly regulated by the Prudential Regulation Authority (PRA). ]
Once set up it's easy enough to manage withdrawals myself.
#30
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Joined: Apr 2007
Posts: 206
From: Brisbane







This company
Yes, I am not a UK resident. Read their terms carefully, non UK address is OK but you will need your previous info to set up. Also I had a translated and notarised copy of my local ID, which is normal.
UK bank account is a must [UK bank account in the name and address of the customer (matching their registered details). In addition, the bank must be directly regulated by the Prudential Regulation Authority (PRA). ]
Once set up it's easy enough to manage withdrawals myself.
Yes, I am not a UK resident. Read their terms carefully, non UK address is OK but you will need your previous info to set up. Also I had a translated and notarised copy of my local ID, which is normal.
UK bank account is a must [UK bank account in the name and address of the customer (matching their registered details). In addition, the bank must be directly regulated by the Prudential Regulation Authority (PRA). ]
Once set up it's easy enough to manage withdrawals myself.
That is the first 'verified' reference I have seen almost anywhere.
"Who’s eligible to be a PensionBee customer?
Anyone with an existing UK pension can become a customer of PensionBee, regardless of nationality or tax residency"
I will certainly take a look. There have been some anecdotal negative posts about Pension Bee on Facebook but I never really took any notice before.
I am fortunate in that I have a UK address, passport and bank account. All maintained since leaving UK a number of years ago.
By the way, there are a couple of expat SIPP companies, but fine print needs to be read
(removed names, not sure they are allowed)
Number1 - low fee platform, but t&c states non-residents need FA to operate. I do know somebody who operates it themselves as a known non- UK resident
Number2 - higher fees, no FA required
It shouldn't really be this hard.
I understand why for annuities, as these are effectively UK based insurance policies.
But drawdown of existing funds, should be allowed without too much fuss
OH has NHS DB pension and that is doable without much fuss for annual payments
Likewise state pension, fairly standard (but slow) to have paid overseas



