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Income drawdown when based abroad

Essingeviken · 2018-11-15 08:10:18

I have a pension pot invested in Standard Life’s Stakeholder pension fund. No contributions are now made because I live abroad. The amount is not large, but exceeds £30,000. As I am now aged 60 years, I am looking to withdraw that fund in the next few years. I decided that income drawdown was the best alternative. On…

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dunstonh Posts: 119,675 Forumite

19 November 2018 at 12:53PM

Passporting doesn't apply in this sense, Standard Life are able to deal with customers regardless of country of residence, but as is often the case with the big providers, they don't want the bother.

That includes the retailing of new financial products via tied agents?

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.

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