The transferring of UK pension benefits to Australia is a complex process as each step must comply with both Australian and UK taxation/super/pension laws.

SMSF Alliance, via our Head of Technical, Debbie Thomas LLB, was one of the first Australian Scheme Administrators to be appointed by HMRC (His Majesty’s Revenue and Customs). Scheme Administrator status is only awarded following HMRC’s assessment of character, knowledge, and professionalism and requires us to pass ongoing HMRC due diligence checks each year.

We supply QROPS approved SMSF deeds, specialised minutes and, where we are administering the fund, the necessary ongoing UK compliance and HMRC reporting. Our expertise and documentation is continuously subjected to rigorous review to ensure it is of the highest quality. This is particularly important as UK pension rules change from time to time and are generally applied immediately without time to realign structures or plans. Australian laws also change so our focus is on ensuring continuous synchronicity.

We do not arrange for the physical transfer of funds to Australia however we have alliance partners who do. We will make an introduction when requested. We work cohesively with our alliance partners, and yourself, to ensure the end to end process proceeds with minimal stress or delays for your client.

If you receive UK pension transfer enquiries, or are generally active in this sector, we can be of assistance.