Overseas pension transfers: How recent rule changes impact recent and future advice

clock • 3 min read

Daniel Bosiacki looks at recent rule changes that affect overseas pension transfer advice...

HM Revenue & Customs (HMRC) statistics released in August confirmed that following a period of general malaise, more expats were once again taking their UK pensions abroad. Differing views will be held on the factors that drove previous behaviour, the motives behind the change in trend and the outlook for the short to medium term. What is up for less debate, however, is how recent rule changes may shape your recommendations going forward. Before we get stuck into the landscape today let's look back to the beginning of the latest significant reforms, starting with the removal of the li...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

IHT shake-up: What will come of SSAS discretionary death benefits?

IHT shake-up: What will come of SSAS discretionary death benefits?

'Essential that issues are addressed and rectified in the draft rules'

Caitlin Southall
clock 17 February 2025 • 4 min read
WBR Group acquires £403m SSAS book from Standard Life

WBR Group acquires £403m SSAS book from Standard Life

Administered SL's SSAS book for more than 20 years

Jenna Brown
clock 13 February 2025 • 1 min read
'Strong case' for automatic consolidation of small pensions, IFS argues

'Strong case' for automatic consolidation of small pensions, IFS argues

Think tank calls on the government to ‘end and reverse’ the proliferation of small pots

Holly Roach
clock 12 February 2025 • 4 min read