Friends Provident International surrender and tax implications

Hi all,

We have a Friends Provident International Pemier savings account that we were sold 20+ years ago when we were expats, it really does nothing for us and we are looking at surrender. Its a jungle out there with info so my question is what are the likable tax implications closing this account down, moving the money on shore to invest in something different.

Many thanks 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.7K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 452.9K Spending & Discounts
  • 242.7K Work, Benefits & Business
  • 619.4K Mortgages, Homes & Bills
  • 176.3K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.