Superannuation - UK Pension Transfers


With Global employment mobility over the last 20 years, there are many individuals in Australia who have benefits in foreign superannuation funds, with a very high proportion of those with benefits in the UK.

Extracting those benefits out of the UK to Australia requires consideration of the UK pension and tax provisions, the Australian superannuation and tax provisions, and how they interact, to ensure that the benefits are extracted and transferred into Australia in the most timely and efficient manner.

 

About

The presenter will explore the interaction of the UK and Australian provisions, outline the strategies available to undertake such transfers, as well as identify the tips and traps in implementing such strategies, including the use of SMSFs to receive the transfer.

 

You will learn strategies and considerations when transferring UK pensions to Australia. This workshop will outline the specific rules and regulations across jurisdictions, penalties, conditions and eligibility criteria, specific tax implications and the various strategies to consider.

 

After attending this session, attendees will be able to:

  • Understand the strategies that might be available to transfer UK benefits to Australia
  • Consider the options for their clients
  • Identify when they can add value to their clients with respect to the transfer of benefits to superannuation.

 


EVENT DETAILS


Topic: Financial Advisory and Superannuation

Sub-Topic: Income Tax

Format: Recorded Webinar

Proficiency Level: All

CPD: Upto 2 hours