PPRuNe Forums - View Single Post - QROPS
Thread: QROPS
View Single Post
Old 17th Oct 2013, 12:35
  #4 (permalink)  
industry insider
 
Join Date: Sep 2006
Location: Inside the Industry
Posts: 876
Received 0 Likes on 0 Posts
I have lived in Oz for many years. In 2008 I transferred an old UK company pension for an agreed lump sum value to Oz. It had to go into a QROPS scheme. I believe the UK law is that it has to remain there for 5 years. On the 5th anniversary, I transferred the QROPS funds legally into my self managed Australian Superannuation fund.

I found some good advice on the web which saved me employing a lawyer, it's quite an arcane area of expertise it seems.

Good luck

Last edited by industry insider; 17th Oct 2013 at 12:36.
industry insider is offline