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Pension providers that will pay into an overseas bank account

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Due to a planned move to the EU zone, I am looking for pension providers that can pay withdrawals from my DC pension to an overseas bank account.

Currently, my DC pension is held with WTW Lifesight, which can make withdrawal payments to an overseas bank account. However, the available investment choices are limited.

Most major retail SIPP providers will only make payments to a UK bank account (i.e., HL, AG Bell, Fidelity, etc.). Aviva is the only provider I have found so far that will pay into an overseas bank account.

 Does anyone know of any others?

Comments

  • Mark_d
    Mark_d Posts: 2,401 Forumite
    1,000 Posts First Anniversary Name Dropper
    That's good to know :-)  My pension is wiith Aviva and I'm looking to retire on the continent in about 20 years time
  • dunstonh
    dunstonh Posts: 119,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Often it is best to retain a UK bank account and have it paid to that.  Then you can control the transfer using the money transfer service of your choice to get a better conversion rate.

    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.
  • WastedWords
    WastedWords Posts: 104 Forumite
    100 Posts Third Anniversary Name Dropper
    dunstonh said:
    Often it is best to retain a UK bank account and have it paid to that.  Then you can control the transfer using the money transfer service of your choice to get a better conversion rate.

    That is my number one plan, but with quite a few banks having closed expat accounts I am considering a backup plan. 
  • WastedWords
    WastedWords Posts: 104 Forumite
    100 Posts Third Anniversary Name Dropper
    Mark_d said:
    That's good to know :-)  My pension is wiith Aviva and I'm looking to retire on the continent in about 20 years time
    That will be 0.75% please ;-)
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