Pension Reviews

The options for your UK pension in the USA
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Review the options for your UK pension

UK Pension reviews. Do you now live in the USA? There are a wide range of pension management benefits and opportunities available
 
Discover how you can make the most of your UK workplace or private pension. Get your FREE guide to UK Pension Transfers 

Our Pension Review Service

We help UK expats who are now based in the USA & Canada with a range of pension planning & wealth management.

We know that each of our clients has their own circumstances & requirements. As such, with our Pension reviews service, each receives bespoke advice tailored to their needs.

Our pension review service includes:

• A personalised pension analysis from an expat retirement expert

• A free search for any lost pensions

• Free, up to date valuations of your UK pensions

• The current performance levels of your UK pensions

• An assessment of your UK pension plans

• Professional advice about your pensions now you live abroad 

The Benefits of UK Pension Reviews

 
Get your free and no obligation pension review? Make sure that you have the correct pension for your circumstances now you live outside of the UK.
 
Our UK pension experts can help you to discuss your options.
 
The benefits can include:
 
• Your UK pension free of all UK taxes
 
• The facility to pass your pension funds to your beneficiaries tax free (up to and over age 75)
 
• No limiting Lifetime Allowance restrictions
 
• Potential to merge your UK pensions into one, easy to manage pension fund
 
• Learn how to draw your pension income to suit your requirements

Self Invested Personal Pension

 
Self-Invested Personal Pensions (SIPP) are UK government regulated personal pension schemes.
 
SIPPs will allow you to make your own investment decisions for your pension. These come from a range of investments approved by HMRC.
 
• Save up to 47% UK Tax
 
• Your Pension in US Dollars
 
• No UK Inheritance tax
 
• All the benefits & facts in one guide
SIPPs-USA
QROPS-USA

QROPS

QROPS, or Qualifying Recognised Overseas Pension Schemes, are overseas pension schemes. QROPS meet certain requirements set by HMRC.
 
QROPS transfers incur a 25% tax if the QROPS is not in your country of residence. This is unless you are resident in the EEA. Thus, a QROPS in the USA is only suitable in very specific circumstances.

Pension reviews  – Frequently Asked Questions

What types of pension can I review?

A pension review will help you to decide whether a pension transfer is suitable for you or if your current pension set-up is the bext current solution.

You can transfer most types of pension schemes where there is a transfer value. You can not transfer a UK State Pensions or unfunded public sector schemes such as NHS or Armed Forces pensions.

Who can get a pension review?

If you are aged between 18 and 65 and have a UK company or private pension, that you are not currently taking an income from, an adviser can review the set-up of your pension plan.

Can I take my pension in US dollars?

Certain types of pension schemes such as SIPPS can pay benefits in multi-currencies.

Is there a minimum amount to my UK pension I can review?

There is no formal minimum amount that you can transfer.  

Pension funds under £30,000 may not be viable to transfer as the costs may outweigh the benefits.

How long does it take to transfer a pension?

It depends on the type of transfer and the parties involved but a rule of thumb is 4-12 weeks.

Will the pension adviser be regulated?

Yes, the adviser who will review your pension options will be regulated in the USA and will have many years experience with UK pensions and transfers.

SIPPs-USA

SIPPs

A Self-Invested Personal Pension (SIPP) is a UK government regulated personal pension scheme. SIPPs can be a suitable choice if you now live in the USA, and have your pension back in the UK.
QROPS-USA

QROPS

QROPS are overseas pension schemes. QROPS meet certain requirements set by HMRC. In the USA QROPS transfers incur a 25% tax as the QROPS is not in the country where you live.

Get in touch 

Bellingham House Wealth Management
New York, NY 
Direct: + (1) 267.864.8259
Fax: +1 646.430.9466

Get UK pension advice

Discover the UK pension options that are available.

Get your free initial consultation with an US regulated pension adviser.

Contact us

Bellingham House Wealth Management
New York, NY 
Direct: + (1) 267.864.8259
Fax: +1 646.430.9466

Complete the form below and one of the UK pension team will contact you shortly

About us

Bellingham House Wealth Management is represented by Lucio Ventrella in the USA. enquiries@bellinghamhouse.co.uk

© 2020 BellingHam House Wealth Management

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