HM Revenue and Customs now allows you to move UK Personal Pensions and you will benefit from International Pension rules.
(Please note: this is very unlikely to be suitable for Government or similar final salary Pension arrangements)
In Spain and most jurisdictions this means:
? Access to your Pension capital. Up to 40% of your money can be released to you as a loan even before retirement age.
? No UK restrictions on the level of income taken at retirement after five full UK tax years.
? No requirement to buy an annuity.
? On death pass the fund intact to spouse and heirs? UK inheritance tax free.
These are just some of the unique benefits but please avoid the high charging “Cash in your Pension” schemes. Pension funds are tax free. As soon as you take the cash and put it in the Bank - it’s taxable !
Deal with a UK based authorised and FSA Regulated Independent Financial Advisory firm. Why? Ask us when you call !!
Call us anytime on +44 (0)1884 860061 for an initial free discussion,
Or email .(JavaScript must be enabled to view this email address) Full details at: http://www.goforcustomer.co.uk/expat
Pension investment values and income arising from them can fall as well as rise. This information does not constitute advice and we cannot accept responsibility for its interpretation or any future changes to law. Any advice and recommendations will be given in writing.
Med-Ex Financial Advisory Services is authorised and regulated by The UK Financial Services Authority, number 218915.
Visit the FSA?s website http://www.fsa.gov.uk/register/
The Grist Mill, Coldharbour Mill, Uffculme, Devon. EX15 3EE