Powered by MOMENTUM MEDIA
SMSF adviser logo
subscribe to our newsletter

A guide to UK pension transfers involving SMSFs

jason oconnell
Robyn Tongol
24 March 2022 — 1 minute read

UK pensions specialist Jason O’Connell outlines important advice considerations with the transfer of UK pensions to SMSFs and the steps involved in the process.

Jason, who is the general manager of UK pension planning at Shartru Wealth, delves into what requirements the SMSF must meet in order to be recognised as a qualifying recognised overseas pension scheme (QROPS) to ensure a compliant transfer of the pension.

He explores the differences between the two pension systems and highlights important considerations, including age and investment strategy restrictions and some of the ongoing reporting requirements.

Advertisement
Advertisement

He also discusses whether an existing SMSF can be used for the transfer by updating the trust deed and whether there needs to be segmentation between the UK and Australian money.

 

 

 

 

 

 

A guide to UK pension transfers involving SMSFs
jason oconnell
smsfadviser logo
join the discussion

SUBSCRIBE TO THE
SMSF ADVISER BULLETIN

Get the latest news and opinions delivered to your inbox each morning

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.