"The best performing pension could produce more than three times more pension income than the worst performing one. The really bad news is that your pension fund is more likely to be amongst the bad than the good" The Observer
There are, frequently, potentially profitable opportunities for UK expatriates to transfer pension benefits to their new country of residence, or indeed some other country for more favourable taxation treatment. However, this is by no means always the case.
Many expatriates, though, feel uneasy at the thought of leaving their pension fund behind with a previous employer’s scheme or an under-performing personal pension and welcome the idea of being able to consolidate all their UK pension funds in one simple-to-understand and simple-to-manage arrangement.
Investment performance and taxation considerations can add to this attraction but certain crucial formalities must first be taken to ensure a smooth change-over and future smooth running, so...