I started down the same road with a similar company and was planning to go ahead until I took some advice from a firm in Oz. Basically, once you transfer your pension out it cannot be transferred back to the UK so you have to be damn sure you are staying. Whilst it is fully our intention to stay, who knows how things will pan out. So from my perspective, I'm happy to leave it until we are settled in Oz. I know there are tax implications for not transferring it within 6 months of arriving but was told there are "ways and means" of minimising this. I think the "not being able to transfer it back" bit was the one that clinched it for me.