We highly recommend reaching out for a one on one consultation to see if it is beneficial to transfer your UK pension to Canada.
Every one of our clients is handled individually on a case by case basis to review their personal financial situation and goals to determine if they should be considering bringing their pension investments to Canada into a QROPS. Below we have listed some of the main benefits that our clients see in deciding to transfer their accounts to Canada.
Again, we suggest that you reach out to Simon to discuss in more detail.
Business planning & strategy
There are many advantages of transferring your UK pensions to Canada. Some of these which may benefit you are the following,
- Tax free spousal roll over
- No tax liability to the United Kingdom
- Remove the risk of currency fluctuations, exchange, risk
- Ability to name specified beneficiary who receive the balance of your pension
- Retirement income options
- Guarantee your principle of your investment
- Accessibility and control of your investment
- Different investment options to choose from