The current Coronavirus Pandemic and ongoing Brexit Crisis has convinced many people that now is the time to finally transfer their UK Private Pensions back to Ireland.
Phone Jim or Michael today and have your UK Pension Transfer questions answered. Call us on 01 5267770.
Lived or worked in the UK? You can transfer your Private Pension Fund back to Ireland.
The good news is that it is possible to transfer your Private UK Pension from the UK back to Ireland. This is possible due to the QROPS Scheme (Qualifying Residential Overseas Pension Scheme) which facilitates Pension transfers from the UK to Ireland.
We have many years arranging such transfers from the UK to Ireland and we can help you figure out the quickest and easiest way to get it done.
Why might it be a good idea to transfer your Private Pension from the UK to Ireland now?
✅ Coronavirus & Stock Market Volatility – Recent extreme stock market volatility has left many pension investors struggling to get information on the impact of the crisis on their pensions in the UK. Having an Irish based advisor will allow you to get access to information far quicker in times of uncertainty.
✅ BREXIT – The current crisis in the UK has made may people wary of keeping their money in the UK, especially in the event of a ‘Hard’ BREXIT.
✅ Tax – A QROPS registered pension fund can accept transfers from the UK to Ireland without any tax liability
✅ Access – when you access your Pension in later years you will be receiving your money from an Irish Pension Fund as opposed to a UK Pension fund with all of the associated currency risks
✅Inheritance – should you pass away your beneficiaries will be claiming your pension from Ireland and not dealing with a pension provider in the UK which would lead to significant delays
✅ Local Irish Advice – your pension fund is administered in Ireland with access to local advice from your Irish advisor
✅ Reputable Providers – your pension fund will be placed with large international reputable pension providers in Ireland
What is the next step?
Usually your first contact with us will be a short telephone call or an email. This allows us to understand your situation and let you know how we can help you. A quick phone call or email can often be the easiest way to take the stress out of these decisions.
For most of our clients that initial phone call or email is where they start to get clarity on the right steps to get the most from their Pension.
Feel free to contact us Monday to Friday or email us using the contact form. Jim or Michael will be happy to answer your questions.
The wisdom of BREXIT will no doubt be debated for decades to come. It will take many years to see what the long-term consequences are for the UK, Ireland and the rest of Europe. However, Irish residents with pension funds in the UK from previous employment, or...read more
As a conservative investor with little understanding of the stock market, they created an investment portfolio for my Pension that allows for solid growth potential but also that shielded me from the excesses of stock market turmoil over recent years.Conor