I have some questions regarding private pension scheme in the UK. I am over 55 years old.
1. I am going to remain in Australia, does it make financial sense to move the private pension over to an Australian super fund?
2. I can take a 25% tax free lump sum in the UK since turning 55. Is this taxable in Australia if I move it over?
3. How do agents that help to move pensions across and give tax and financial advice make their money when providing their services?
Regards
TJT