ben99 Posted September 11, 2013 Share Posted September 11, 2013 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 Quote Link to comment Share on other sites More sharing options...
NickyNook Posted September 12, 2013 Share Posted September 12, 2013 Yes, you're correct. It stays in Australia until you reach your preservation (retirement) age. Once you reach this age you can access your super tax-free and do what you like with it. You can remove it as a lump sum (and spend it or invest it where-ever you want) or alternatively you can opt to draw a pension from it. Quote Link to comment Share on other sites More sharing options...
Ridz84 Posted September 12, 2013 Share Posted September 12, 2013 You can't move it from an Australia Super back to the UK in "pension form" before accessing the fund/retiring, as there's (currently) no reciprocal agreement on transfers, although you can move funds from UK pensions to a "QROPS" registered Australian Super Fund. Once it's actually been accessed though, you can effectively do what you want with the created income!! Quote Link to comment Share on other sites More sharing options...
robswife Posted September 12, 2013 Share Posted September 12, 2013 Here's another thread on same subject http://www.pomsinoz.com/forum/money-finance/193737-claiming-super-back-end-temp-visa-457-a.htmlr Quote Link to comment Share on other sites More sharing options...
ben99 Posted September 12, 2013 Author Share Posted September 12, 2013 That's great- thanks all! :jiggy: Quote Link to comment Share on other sites More sharing options...
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