Quote:
Originally Posted by The Picketts
Yes, I reached retirement age (60) last August and retired to WA in September last year so was then able to transfer my private pension pot (with 4 different schemes). My UK state pension is paid to my UK account (Nationwide) which I can get at the 'hole in the wall' when I need it at no admin costs and my very small NHS pension is UK taxed and also paid into my Nationwide account. We are here on a retirement visa with is a temporary one and we will never be able to be permanent residents (unfortunately).
All my 4 private pension schemes were frozen years ago as they were from previous employers and it wasn't until I retired and needed to make the decision to take 25% tax free plus an annuity that I was able to transfer the whole lot to Oz. There is an expert here on PIO that can advise regarding tax rules etc. Perhaps you can try an search the threads..
Regards, Cheryl
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Thanks Cherly,well it looks like I'm not getting the big boat,I will have a search for that info.It's a shame you can't a permanent visa,but temporary out there has got to be better than here.Cheers Fred