If you worked in the UK for 10 years or more and hold a Defined Benefit or ‘Final Salary’ pension, it is vital you gather as much information as possible about its performance and understand your Options as an international worker.
Very simply, government rules allow you to transfer your UK pension fund, or funds, into a different pension scheme. So long as you are careful to follow the rules
At GWM we know that making a decision on which solution is right for you can be daunting, which is why the guide will also help you answer the questions most British internationals are asking.
There are a number of reasons why transferring your pension to a different pension scheme may provide you with greater control over your future.
Record High Transfer Values
Final Salary Transfer Values are currently at the highest level we have seen. With continued global uncertainty, it’s hard to know how long this will last.
Rather than your money being held in a scheme created to serve the masses, transferring allows you to build a new plan tailored to your personal requirements.
Many international workers don't want to be told when they need to start drawing an income from their retirement fund.
GWM is one of the few planning companies to have an in-house Investment Committee comprising both internal and external specialists. All overseen by our own in-house Chartered Financial Analyst. All UK pension advice is supported by G60 qualified, UK Chartered Financial Planners ensuring you have access to the very best possible advice on your UK pensions.
At GWM we know how unhelpful generic advice can be, especially when it comes to your plans for the future. That’s why, as part of our award-winning service we offer a comprehensive pension and retirement review. To start the process, simply download your free E-Book to read expert and qualified advice about what options are available to you.