If you are an accountant, lawyer or wealth advisor and have clients who have lived or worked in the UK, have you ever asked whether they:
Typically, the first question a US based advisor will ask us is whether their client can transfer their UK pension into a US based retirement plan. Unfortunately, US retirement plans are not permitted by the IRS to accept a transfer of funds from a UK pension.
UK pension and retirement plans can be complicated for individuals living in the US, but can also provide very valuable and flexible retirement assets alongside their US wealth.
Florin Pensions specializes in providing solutions for managing a client’s UK pensions. Florin regularly works with US based advisors to help their clients understand, manage and optimize their UK pensions in line with their overall retirement strategy.
If you would like to discuss your clients’ circumstances to help you and your client understand what options are available in relation to a UK pension, contact our pension transfer specialists for an initial consultation.