pingpong pom

Thanks Steve - yes I have decided to contact Andrew Williams for specialist advice

Thanks very much for your response, I'm just trying to get my head around this complex area at the moment but I agree with you and other posts that I will have to seek professional advice - thanks again

I am 64 years old, was born in the UK and have dual UK/Australian citizenship. I have lived and worked in Australia for around 9 years and I been living and working back in the UK since July 2018. I am moving back to Australia in November to retire. I have 1 UK defined benefit pension that I am currently receiving that I intend to leave alone as its indexed linked. I also have 4 UK defined contribution pensions that I haven't drawn upon, 1 is very small and I intend to withdraw the entire pension, I'm planning on consolidating the other 3 pensions and taking a 25% lump sum as my UK tax free allowance before moving to Australia, I then intend to transfer the consolidated defined contribution pension to an Australian Retail Super Fund that is QROPS approved (I understand that the only such fund is the Australian Expatriate Super Fund (AESF)). The main question that I have is that when transferring my pension to QROPS I will need to calculate the Applicable Fund Earnings (AEF), I understand that this is calculated by determining how much the fund value has grown since my date of Australian residency, however, I'm not sure what my date of residency will be as I have been ping ponging between the UK and Australia ie will it be the first date that I became an Australian resident or will it be the first day that I arrive back in Australia for my retirement? if it is the former I'm not sure of the exact date and I was wondering if this will be an official date that will be held by the ATO so I could contact them for the exact date. The other question that I have is that once I have transferred my pension to a QROPS fund am I able to withdraw any amount tax free straight away (I may need to dip into it to a greater or lesser extent to fund my house purchase in Australia), and is the QROPS fund just intended to be temporary or can my money stay in the fund until it has been exhausted. Any advice on the above will be gratefully received Thanks, Stephen