UK Pension Transfers available in Australia

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4 April 2007


  • Currently Australia will allow funds up to the value of $1,000,000 to be transferred without any significant tax liability. This figure will be considerably reduced in July 2007
  • The U.K do not currently impose any taxation on the transfer of the fund to a qualified Australian Superannuation Scheme
  • It is essential that clients take advice and reach a decision before these tax benefits are lost.