Still in the UK

Before you leave, we will provide you with a comprehensive report on your pension and explain exactly how the transfer will work. This is your ‘bible’ and will be an invaluable source of information for you when you arrive.  

For some people we may recommend that you establish a Self Invested Personal Pension (SIPP) in the UK that allows you to invest in Aus$, locking in the value of your pension before you leave. This removes the uncertainty of what will my pension be worth when I arrive?

When you arrive, we understand that you have much to arrange and leave it up to you to say when you are ready to move your pension. When you contact us, we ask one of the team at Global Pension Transfers to work with you to make sure that everything is in place for your pension to be transferred. By working together with Global Pension Transfers we ensure that all aspects of the UK and Australian regulations are covered and you get a seamless service.

In Australia

You may have seen many adverts in Australia offering ‘execution only pension transfers’. This means that cost to moving your pension is cheaper but you don’t get advice. Siddalls doesn’t offer execution only pension transfers and always gives advice, as we believe that you need to fully understand what you are doing when you are dealing with such an important asset.

For some people the pension transfer limits stipulated by the Australian Government mean that they have to leave some of their pensions in the UK. This is where Siddalls really comes into play. We can manage your UK pensions to ensure that they are aligned with your Australian financial planning requirements and we even recommend using a Self Invested Personal Pension (SIPP) so that your UK pension invests in Aus$ to remove the currency exchange risk.