Take your pension abroad? It has become a hot topic recently so we have brought this programme from our archive. Expatsradio speaks to Robert Brealey, Pensions Consultant at Siddalls about the possibility of moving you pension abroad via the QROPS scheme and indeed, is it a good idea?
He emphasises that taking advice is the key and that you should not be influenced by so-called advisers who are out to make money from you and who sometimes make extravagant statements. They may also not be regulated sufficiently and therefore your hard-earned pension could be at risk.
What about the costs? Clearly, sending money abroad from a UK pension incurs fees and exchange rate fluctuations may not always be to your benefit. With the euro crisis ongoing how will that effect your savings?
Robert deals with a range of related topics in this programme and we hope it will make you think before you take any life-changing decisions.
Robert can be contacted via the Siddall's website at www.siddalls.net and you can talk to us through the contact link on every page of the Expatsradio.com website anytime.
If you have topics which you feel would be of interest to our listeners, please do make contact and we'll try to make a programme for you.
Expatsradio.com programmes are intended to give you general information only so you you must take professional advice about your particular situation before making any decisions.
Follow us on Twitter @Expats_radio or become a fan on Facebook for all the latest news and events and special fan follower offers..
