Personal pension transfer plans allow non-UK residents to transfer the accrued value of their UK domiciled personal and company pensions into a personalised arrangement. Such plans offer control and flexibility over investment strategy and how and when the benefits are taken.
 
Pension transfer plans are easy to set up and are normally available regardless of employment status. They involve no payment from you and can accept transfers from personal pensions, company pensions and additional contribution plans.
 
But that is not all. Personal pension transfer plans have many features that can be tailored to suit your needs, and help you get the most from your pension. For example, you can alter your selected retirement age, draw a regular income or simply take a cash lump sum.
 
For those with larger sums sitting in frozen pensions, an alternative solution may be a Self Invested Personal Pension (SIPP). SIPPs offer access to a larger number of investment options (including property and individual stocks) and greatly enhance your options when you reach retirement age.

Candour Consultancy works closely with the leading providers of pension transfer plans and SIPPs. Candour can provide a UK Pensions Office approved analysis of pension transfer options free of charge and without obligation.