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Consolidating pensions
FlatMan
Posts: 11 Forumite
I have 3 small UK pensions worth £2k and £24k with Reassure and £6k with Sun Life (at last valuations). I will be 55 next week and live in Canada.
Im not sure when i intend to draw these pensions but i think it would be a lot easier if they were all in one place. If I do consolidate them into a SIPP are there any implications for UK tax and withdrawal rules? Also any suggestions for a good SIPP with low charges? I am not in favour of QROPS because all the eligible Canadian schemes were disqualified.
The above amounts would be a smallish proportion of my overall pension savings (less than 10%)
Thanks for any help or advice.
Im not sure when i intend to draw these pensions but i think it would be a lot easier if they were all in one place. If I do consolidate them into a SIPP are there any implications for UK tax and withdrawal rules? Also any suggestions for a good SIPP with low charges? I am not in favour of QROPS because all the eligible Canadian schemes were disqualified.
The above amounts would be a smallish proportion of my overall pension savings (less than 10%)
Thanks for any help or advice.
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