Insights
The Effect of Expected Interest Rate Increases on Defined Benefit Pension Transfer Values
After the Brexit vote in 2016, the Bank of England reduced its benchmark Bank Rate to 0.25%. This was decided upon by the Monetary Policy Committee (MPC) to limit the risk of the recession resulting from the decision to leave the EU. On the 2nd November 2017, we witnessed the first Bank Rate increase in…
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How to transfer UK pension to an Australian super
Thinking about moving your UK pension to an Australian Super? Here are some information points you should be considering. Why? Chance to spend retirement in Australia. Tax-free pension transfer. Tax-free paid-out benefits after 60. Flexibility in investments and drawdown. How? In 3 simple steps! Choose a QROPS. Consult a pension transfer service provider to help…
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