Help & FAQs

What happens to my SIPP if I move abroad?

Your pension plan will remain with your UK provider until you claim it. You can usually request payment of these pensions from the age of 55. You may continue to make contributions to your pension from abroad, however the tax benefits may be limited. Alternatively you may be able to arrange the transfer of your pension to the new country of residence under the Qualifying Recognised Overseas Pension Scheme (QROPS).                             

For further information on qualifying criteria visit: GOV.UK

Submitted on 4th Jul 2019

Did this answer your question?

Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

Read more [PDF 36.1KB]