We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Choosing a pension - expat in UK
msfi01
Posts: 4 Newbie
I need help with choosing a pension:
I am the only UK-based employee for a Dutch NGO so we don't have a company-preferred scheme. My employer would make a pension contribution, and I would also contribute myself.
I'm looking for a scheme that is low cost, medium risk, portable, and not based on final salary. I'd rather not spend money on a financial advisor at this point.
I will probably move back to my home country, Australia, to retire if not for my final years of employment, and so any pension I have here should ideally be able to be rolled into my Australian superannuation schemes, or easy enough to be paid while I'm living there.
Any advice welcome!
I am the only UK-based employee for a Dutch NGO so we don't have a company-preferred scheme. My employer would make a pension contribution, and I would also contribute myself.
I'm looking for a scheme that is low cost, medium risk, portable, and not based on final salary. I'd rather not spend money on a financial advisor at this point.
I will probably move back to my home country, Australia, to retire if not for my final years of employment, and so any pension I have here should ideally be able to be rolled into my Australian superannuation schemes, or easy enough to be paid while I'm living there.
Any advice welcome!
0
Comments
-
then go to cavenidsh online, or HL and open one.
Then use a range of trackers or lifestyle finds to diversify so you have your money spread into different assets, and markets globally.0 -
I am the only UK-based employee for a Dutch NGO so we don't have a company-preferred scheme. My employer would make a pension contribution, and I would also contribute myself.
That does not qualify for auto-enrolment. So, the company are going to have to do something come their staging date. So, it may be worth having that discussion now rather than a couple of years time where they have to auto-enrol you.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
http://www.thepensionsregulator.gov.uk/automatic-enrolment-enquiries.aspx
"Do the new employer duties apply to non-UK employers?
Automatic enrolment duties will apply to every employer with at least one member of staff working or ordinarily working in the UK. This means that, where an employer is based overseas but has at least one member of staff deemed to be working or ordinarily working in the UK, the duties will apply to them in respect of these members of staff. See our detailed guidance assessing the workforce (PDF, 227kb, 58 pages) (see paragraphs 24-44)."
http://www.out-law.com/topics/pensions/advice-for-employers/using-a-defined-contribution-scheme-for-auto-enrolment
http://www.hl.co.uk/company-pensions/auto-enrolment0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards