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UK Pensions – Transfer or Leave? · Any lump sum taken & subsequent pension payments are subject to Australian tax · You cannot increase the value of your pension. Following the changes in , those bringing a UK pension over to Australia, many have been left unsure if a UK pension transfer to Australia is possible. The Australian agreement means that transferring funds must be locked into a KiwiSaver account under restricted access, while UK transferred funds are housed in.

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To transfer your pension from the U.K. to another country, you need to be aware of current Qualifying Recognised Overseas Pension Scheme (QROPS) requirements. Australia, please read our Transferring from a UK pension info sheet. Transferring an overseas overseas pension to LGIAsuper or any other Australian. Due to the 6 April UK legislation changes communicated last year, the majority of Australian superannuation funds, including our Funds, no longer meet the.

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Due to the 6 April UK legislation changes communicated last year, the majority of Australian superannuation funds, including our Funds, no longer meet the. transfers. Only a Qualifying Recognised Overseas Pension Scheme (QROPS) is authorised to accept transfers from UK pension schemes. Her Majestyʼs Revenue and. Following the changes in , those bringing a UK pension over to Australia, many have been left unsure if a UK pension transfer to Australia is possible.