Who said life was fair? Your former UK employers can improve their bottom line by legally keeping the difference between the real investment return on your pension entitlement and the lesser of 5% or the Consumer Price Index. This is all the law requires them to pass on to you. In recent years this increase has averaged less than 3%. They do not even have to tell you where or how your fund is invested. You can be left in the dark.
Many group occupational pension arrangements are based on a defined benefit calculated on a percentage of the average final salary. The result bears little relationship to the amounts contributed and the actual return on investment. The death benefit is often only half the amount of the pension. You do not have to put up with this shabby treatment any longer. You have the right to escape by moving the value of your pension to an alternative arrangement where your eventual benefits can be far superior and your fund remains safely under your personal control in a regulated jurisdiction that escapes UK taxes and penalties.
Freedom of investment choice allows you to make sure you are getting the best possible results from your pension. What you must do now is review your options by completing the enquiry form straight away. Let us help you. We have the solution at our fingertips.
How will your UK pension be invested?
Investment in bonds and equities carries an element of risk. Values can fall as well as rise. UK Pension Transfer LLC will help you assess your level of risk-tolerance and will then carefully select a skilled investment management company which specializes in pension funds and can show a long and proven record of success. History indicates that consistent, award-winning fund managers tend to remain in the top quartile of performance. The choice need not be permanent. It will be monitored constantly to achieve your retirement goal – making the best of this valuable UK pension asset.
Please note, the services described above are not available to current UK residents.