sandyandbarry Posted January 29, 2017 Share Posted January 29, 2017 Hi, Has anyone transferred their super back to the UK when moving back to the UK permanently. We are thinking of returning after 28 years and are both 66 but cant fine much info on a permanent resident taking super out of Australia. Any links would be appreciated. Thanks Quote Link to comment Share on other sites More sharing options...
Guest The Pom Queen Posted January 29, 2017 Share Posted January 29, 2017 Hi and welcome to the forum. I think @Andrew from Vista financial may be able to advise. I have tagged him in to this post so hopefully when he is next online he can help Quote Link to comment Share on other sites More sharing options...
sandyandbarry Posted January 29, 2017 Author Share Posted January 29, 2017 Hi and welcome to the forum. I think @Andrew from Vista financial may be able to advise. I have tagged him in to this post so hopefully when he is next online he can help Hi, Thanks for your input and the connection with Andrew, appreciate your help. Have a brilliant day Quote Link to comment Share on other sites More sharing options...
Andrew from Vista Financial Posted January 30, 2017 Share Posted January 30, 2017 Hi, Has anyone transferred their super back to the UK when moving back to the UK permanently. We are thinking of returning after 28 years and are both 66 but cant fine much info on a permanent resident taking super out of Australia. Any links would be appreciated. Thanks Hello Sandy and Barry. Transferring a Super Fund to a UK Pension Fund is not possible I'm afraid however in Australia the conditions of release of superannuation generally mean that once a person is age 65+ they can take up to 100% of their superannuation fund tax-free. https://www.ato.gov.au/Individuals/Super/Accessing-your-super This being the case then it would be possible to withdraw 100% of the monies tax-free and then take it to the UK with you to then use/invest accordingly. There may be unique situations whereby the above strategy may not be possible more so due to older style superannuation products so I would advise you contact your super fund to explore your options. Hope this help, regards Andy Quote Link to comment Share on other sites More sharing options...
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