Many people tend to put off managing their pensions until retirement, but it's important to review your arrangements regularly to ensure they are adequate for your retirement needs.
You may be considering your UK Pension Options because either:
Transferring or combining your UK Pensions in to a Personal Pension may be suitable if you prefer greater Flexibility and Control over your pension, however, it is crucial that a transfer meets your retirement objectives
My advice is specifically based around the implications of holding a UK pension as an overseas resident:
The advice process begins with a 20-minute call or Zoom meeting to understand your current situation, your future objectives, and to fill in any gaps in your knowledge including UK State Pension Benefits.
There is no cost or obligation to this session; as by the end of the meeting, you may be advised to keep things exactly as they are.
State Pension Benefits are earned by paying National Insurance Contributions.
HOW TO QUALIFY:
From here, you will have a projection of your benefits at your retirement age, along with the option to either Backdate missing contributions (limited to the last 6 years), or Top Up (continue making contributions) to increase the your credits.
If you are Employed, or Self Employed and living within the EEA, you will have the option to pay the minimum contribution (Class 2) of just £158.60 per year for each additional year you need.
Sophie contacted me three years ago regarding my pension which had been sitting in dormant accounts for years doing very little. Over a couple of months advising me of the best way forward we worked together through Brexit to get my pensions working for me. Sophie contacts me regularly as she promised, and goes through all the details and ensures I am happy and my investments are growing safely. I could recommend her to anybody looking for similar advice and guidance as a totally safe pair of hands to be guiding your future. She is a pleasure to work with.
Ireland
It can be a little scary moving your pension from one country to another, especially when someone contacts you out of the blue and suggests they can help. This is what happened to me when I moved from the UK to Sweden and Sophie at deVere Spain got in touch. It's hard not to be a little worried, but Sophie and deVere Spain have been thoroughly professional throughout the whole process. What has really impressed me has been their transparency, their commitment to due process and to make sure that I understood what was happening, and was an active partner, in the entire process. Sophie has always taken the time to answer questions, go over things again and, most reassuringly, to provide evidence for claims and advice. I'm happy to add a positive experience of deVere Spain here.
Sweden
Sophie has all the qualities of a very good financial advisor: Knowledge of the financial markets, realistic, good communication, fast feedback and she takes the time for you. She is especially patient to explain to people how the financial world works and why certain decisions have to be made. I have known Sophie for about three years now and I can wholeheartedly recommend her.
The Netherlands
I have to say that my experience with de Vere was excellent. Sophie was my advisor in moving my UK pensions in to a QROP, She took me carefully through the options, benefits and risks and provided two excellent reports. I would have no hesitation in recommending her and de Vere for cross border pensions advice.
Ireland
If anyone is thinking of changing their pension to a SIPP then this person, Sophie Duong is the person to go to, good advice and also explained everything to spłat my initial doubts And so glad I did as it has saved my business from failure during this difficult times
Poland
Begin your journey in understanding the best options for your UK Pensions as a European Resident
