British Pensions – Are We Going To Lose Them?

Hi everyone,

My wife said a few weeks ago that she read an article saying something to the effect that if you are expecting to receive a British pension (even though you may now be a dual citizen) in the future you should get in touch with the British government to see if you will still qualify for one in the future.

The wife got the details of some company that is doing this on peoples behalf but I’m very skeptical especially as he is a “FINANCIAL ADVISER”:1zhelp:

Hi Billy,

It’s Fred from XXXXXXXXXXXXXXX here – you recently downloaded information about transferring your UK Pension from our website (www.agoodmove.com.au).

Despite the high volume of queries we are receiving, we will endeavour to contact you within 5 business days. Alternatively, if you would like to contact me eariler please call me on 0400 544 515.

If you wish to start the initial fact finding process prior to our discussion, I have attached our Financial Services Guide (FSG) and a Data Collection Form (DCF). If you have a NHS Pension please complete the attached NHS Data Collection Form (please leave Part B regarding the receiving scheme blank this will be dealt with later).

The DCF enables us to talk to the UK Scheme and prepare a comparative analysis contrasting your position if the funds are transferred to Australia or left in the UK. The report will also explore all of the associated issues (including death benefits, tax, exchange rates etc.). We then present / discuss or post these reports. You will then be in a good position to make an informed decision as to whether a transfer is appropriate. There are no upfront fees and you are not committed to transferring.

If you wish, can you please;

Print out, complete your details, sign and date the DCF. We require a seperate DCF for each of your pension scheme. If you find that you cannot provide all of the information we require on the form; don’t worry, send it back to me completed as well as you can and I will ring you if there is anything else I may need. Not all fields are essential.

Please scan and email a copy of the signed forms to joebloggs@finsecpartners.com.au and post all pages (must be signed originals) to:

XXXXXXXXXXXXXXXXXXXXXXXXXX Pty Ltd

PO Box XXXX

WEST PERTH WA 6872

If possible please also include a copy of a recent statement from the scheme and any other documents you think may be useful.

I look forward to speaking to you.

Kind regards,

Hopefully I haven’t mislead anyone but the wife has been getting on my back to sort it out before I lose out on any money I am entitled to even if it is several years away before I retire. If anyone would be as kind enough to explain what this is all about I would really appreciate it – especially as it would get the wife off my back!!

Thanking those in advance for your help.

Regards

PB – David