Hi Folks
I am thinking of starting the process of placing my UK private pension(s) in to a SIPP and then transferring in to a QROPS fund here in AU. I am 58 years old and an AU citizen with no plans of returning to the UK.
Does anyone have any experience in this process?
Will it be the most tax efficient process in that is this the most favourable way to go or would it be just as well to take the hit from the UK tax men (UK & AU) and just close the schemes down and send the funds here?
If this is the way to go can anyone recommend or know of any decent SIPP providers in the UK?