jawaustralia Posted January 15, 2014 Share Posted January 15, 2014 Hi guys I am an aussie who worked in Sydney for 4 years, before moving to London to work for the past 10 years. Therefore I have a aussie Super Fund with some funds in it (with KPMG which is a QROPS fund) and a UK pension. In the UK I have a defined benefit pension and a PIA (pension investment account) which atm will give me about £15k-£20k pa upon retirement. I want to move back to Sydney at the end of this year permanently and retire (in 25 years) and want to know broadly if it is normally sensible to move your UK pension into an aussie Super Fund? I know there is a time limit around this after returning back (I think around 6 months). I guess if I set up a SMSF when I return, then it might be a good idea to move it into this so that it can be more effectively managed. I also have property in London and in Sydney which I might move into a SMSF if this is the case. Any pointers, referral or guidance is appreciated. Regards James. Link to comment Share on other sites More sharing options...
TheEscapePlan Posted January 15, 2014 Share Posted January 15, 2014 Id be interested to know if you can. I tried to do it the other way around (Aus super to UK pension) and was told I couldn't. Link to comment Share on other sites More sharing options...
Andrew from Vista Financial Posted February 3, 2014 Share Posted February 3, 2014 Hello A couple of notes: There is no time limit in which to transfer a foreign Super Fund to Oz; If the property is residential then this is unlikely to be a viable stategy; Have a read through this thread as it may help you understand a bit further: http://www.pomsinoz.com/forum/financial-advice-ask-vista/169401-uk-pension-transfers-information-thread.html KR Andy Link to comment Share on other sites More sharing options...
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