Transfer Pensions

Transfer in Pensions

· Move your Pensions Offshore

· Protect against all UK Taxes

· No limit to how big a Pension Fund you can build up without tax

· No UK Tax when draw your Pension

· No need to ever buy an Annuity

· No Inheritance Tax when you die

· All personal, individual and stakeholder pensions can be transferred in

· All occupational pensions, both final salary and money purchase, can be transferred

· Protected Rights (SERPS / S2P/ Contracted Out) can be transferred

Transfer in Pensions in Payment (Income Drawdown)

· If you are already in Drawdown your funds can still be moved

· If you are 75 and in ASP Drawdown your funds can still be moved

· Income is much more flexible than Drawdown or ASP

· Avoid the 82% tax charge of dying in ASP

· The funds will then benefit from the advantages of an Offshore SIPP

· These are: more flexibility, greater investment choice, IHT advantages