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Complex one for you. (Please move to money/finance if more apt for that forum.) In about five years time, me and the wife will be moving back to Blighty to live, possibly permanently. By that time, I will have worked and paid into a super fund in Oz for 18 years. My wife* however, will have 35 years plus in her super. Has anyone moved back to the UK who has had a large super fund here, and, if so, what did you do about it? Is it possible to live in the UK on the funds from a superfund which remains in Oz? How would you manage that? Would the cost of sending money (done online, ) from Oz to the UK take too big a chunk out of it? We’d probably also be letting out our house here, which would top up our super income. (We have a house in Cornwall which is virtually mortgage free now.) As I say, this is all five years off yet, so we thought we’d just see what advice and experience others here could offer. Many thanks, Thom the Bomb. *My wife, although a true blue Ozzie, was born in Cardiff, and has a UK birth certificate. She only lived there for three years before her parents emigrated.
Hi, does anyone please know what happens to your super in the following scenario... I am from the UK but have become an Australian Citizen and have 10 years worth of Super contributions over here. If down the line we need to move back to the UK for whatever reasons, what happens to my Super? My belief is it will stay over here in Australia until retirement age when I can then access it. If this is true, can I then move it back to the uk once it has been accessed? Any help would be greatly appreciated. :smile: Thanks
Not sure if this is the correct forum but anyway ... My wife and I hold dual (UK/Aus) citizenship. We lived in Aus between 1997 and 1999 (on a temp work visa) and then 2004-2010 (on a permanent visa - we got Aus citizenship during that period). We returned to the UK in June 2010 for family reasons. We are now going through a divorce after 18 years of marriage. The divorce in the UK will include a financial order that (thankfully) we agreed on without the need for lots of fighting in court. That order will include the splitting of the UK Pensions and the Aus Super 50:50. The UK pension pot is very small compared to the Aus Super. Has anyone been through this process and can they tell me how difficult it was to get an Aus Super Fund to split the current pot when the divorce happens in the UK. The intention is to put 50% of the current fund into another Australian super fund that my (soon to be ex) wife already has. Any help is appreciated. Thanks perthGooner