UK Pension Transfer FAQ's

Follow our UK Pension Transfer FAQ page for answers to your UK Pension Transfer questions. All our articles are tailored to UK expats living in the USA. You can also follow us on LinkedIn for news and updates.

How can my UK pension complement my US retirement?

A UK pension can, in the right type of pension plan, be very flexible and work cohesively with your US retirement assets. It is, however, important to understand your retirement objectives so that your UK pension can be managed in line with those objectives. Read More

I am getting divorced in the US. What will happen to my UK pension plan?

If you are getting divorced in the US and you have a UK occupational or personal pension, your UK pension may be taken into consideration in your US divorce settlement. The way in which your UK pension is factored into your US divorce settlement will determine what happens to it. Read More

What is a ‘Pension Sharing Order’, and do I need one?

In the UK, whilst there are various options available to factor in a person’s UK occupational or personal pension into a divorce settlement, it is not uncommon for a UK pension sharing order to be obtained. Read More

What is the Lifetime Allowance for my UK pension?

The UK’s Lifetime Allowance is the total amount of savings you can take from all of your UK workplace and/or personal pensions without facing a UK tax charge (which applies irrespective of the fact you are no longer a UK resident and/or taxpayer). Since 5 April 2020, the standard Lifetime Allowance has been £1,073,100 and […]

What are the Lifetime Allowance increases for 2020?

Since 5 April 2018 the Lifetime Allowance has increased by UK inflation. From 5 April 2020, the standard Lifetime Allowance rose from £1,055,000 to £1,073,100.